Mantra announced that cloud computing giant Google Cloud is now the validator and infrastructure provider for the layer-1 blockchain MANTRA Chain.
MANTRA Chain, whose mainnet went live on October 23, is the L1 for tokenized real-world assets. Its partnership with Google Cloud aims to support innovation in the real-world asset market, the platform said in a press release.
Mantra’s eyes RWA accelerator
Google Cloud’s collaborations in the crypto market include partnerships with Flare, Aptos, Sui, Mysten Labs, Zilliqa, and Fireblocks, among others. Whether as a node operator, oracle service, or strategic alliance, these integrations are seen as key to web3’s overall growth.
Google Cloud, MANTRA’s primary validator and infrastructure provider, is extending its support to real-world assets through an RWA accelerator program. There is also a testnet faucet with this second attempt using Google Cloud’s recently launched web3 Portal.
This collaboration will provide developers with free MANTRA (OM) testnet tokens while developing decentralized applications within the MANTRA ecosystem.
Regarding the real-world asset accelerator program, MANTRA Incubator will leverage Google Cloud to offer cloud credits to selected projects focused on RWA initiatives. The partners plan to launch this program in the first quarter of 2025; Developers will also benefit from technical support from Google’s web3 and AI experts.
MANTRA will work with web3 and artificial intelligence infrastructure solutions company BCW Group as an application partner in partnership with Google Cloud.
The OM token saw slight gains following the Google Cloud announcement, gaining around 2% in 24 hours at the time of writing. This comes as OM staking rewards go live on the MANTRA mainnet, allowing users to bridge their ERC-20 OM tokens to the mainnet OM with the option to stake them to a validator.
In particular, MANTRA’s number of validators increased with the addition of Google Cloud.