MANTRA, the Layer 1 blockchain focused on real-world asset tokenization, is to be acquired by its strategic backer Inveniam Capital Partners, the companies announced Tuesday.

The deal comes after MANTRA's native token (MANTRA) suffered a major collapse in 2025, and then the company announced a restructure and layoffs. Before MANTRA's restructuring last August, Inveniam invested $20 million in the firm.

"We initially invested in MANTRA because we believed regulated blockchain infrastructure and AI-ready private market data belonged on the same stack. NVNM Chain, the Layer 2 we built together, adds to this proposition," Inveniam Chairman and CEO Patrick O'Meara said in a statement. "This acquisition positions us to be value additive to the global private markets ecosystem faster."

MANTRA possesses a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA) and can operate as a digital asset exchange and "provide broker-dealer, management, and investment services," according to a statement.

The companies expect the acquisition to close in the third quarter of this year.

"Inveniam and MANTRA have been building toward this since Inveniam’s strategic investment," MANTRA CEO John Patrick Mullin said Tuesday.

In January, Mullin announced the company would restructure in addition to laying off some staff. MANTRA grabbed headlines in 2025 when its token lost over 90% of its value in a short period of time.

A Layer 2 blockchain, NVNM is designed to give "operators of autonomous AI agents a substrate for registering agent identity, constraining agent scope, and recording cryptographic evidence of what agents do in regulated workflows in a form any authorized counterparty or regulator can verify, independently," the companies said.