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Inveniam to acquire MANTRA after funding
The Block·
Inveniam, a significant backer that previously invested $20 million in MANTRA, has announced plans to acquire the company. This development follows a challenging period for MANTRA, which experienced a substantial collapse in its token's value in 2025. Subsequently, the company underwent a restructuring process that included layoffs. The acquisition by Inveniam signals a potential new direction for MANTRA, aiming to leverage its backer's support to overcome recent difficulties and rebuild its market position.
Tags
fintech
acquisition
Original Source
The Block — theblock.co