Inveniam to absorb Mantra, OM holders still recovering from that one April 🎢

Data infrastructure firm Inveniam Capital Partners said Tuesday it plans to acquire layer-1 blockchain Mantra and its affiliated entities, deepening its push into tokenized real-world assets (RWAs). The deal follows a $20 million strategic investment Inveniam made in Mantra in August 2025.

Inveniam launched NVNM Chain, a layer-2 network built on Mantra designed to support asset verification without exposing confidential information, on May 13. The acquisition expands Inveniam's footprint in infrastructure at the intersection of RWA tokenization and artificial intelligence. Cointelegraph said it had reached out to Mantra for additional details but had not received a response by publication.

The transaction comes after a turbulent stretch for Mantra. In January, the company announced layoffs and a restructuring that CEO John Patrick Mullin described as the most challenging year in its history, following the collapse of the OM token and prolonged market pressure. On April 13, 2025, the Mantra (OM) token fell roughly 90% within hours, erasing more than $5 billion in market capitalization, according to CoinMarketCap data. In a post on X, Mullin attributed the decline to "reckless forced closures initiated by centralized exchanges on OM account holders," adding that "to be clear, this dislocation was not caused by the team, the MANTRA Chain Association, its core advisors, or MANTRA's investors selling tokens. Tokens remain locked and subject to the published vesting periods."

Inveniam Chairman and CEO Patrick O'Meara said the acquisition is intended to expand the firm's presence in digital private markets. "This acquisition positions us to be value-additive to the global private markets ecosystem faster," he said. "This is what will allow our global ecosystem to deliver digital private markets to market operators, asset owners, and institutional private markets investors alongside global DeFi markets." O'Meara added that the company's earlier investment in Mantra reflected its view that regulated blockchain infrastructure and AI-ready private market data should be integrated, a thesis that led to the launch of NVNM Chain.