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Real-world-asset projects keep running into a cruel choice: deploy on Ethereum (ETH) for liquidity or on Cosmos (ATOM) for cheap, interoperable rails.
MANTRA (OM) Chain just flipped the script by becoming the first layer-1 purpose-built for RWAs to run two VMs-CosmWasm and a fully spec-compliant EVM-side-by-side on the same ledger.
The upgrade is already live on the Dukong testnet via Interchain Labs’ Cosmos-EVM module (RC v1.0) and will hit mainnet once validators rubber-stamp the proposal.
Why does this matter? Solidity developers can now drop their contracts onto MANTRA without rewriting a line of code, compile with Hardhat, fire up MetaMask, and watch transactions clear for pocket change.
Meanwhile, existing CosmWasm dApps keep humming, and IBC links stay intact, letting assets zip across the broader Cosmos ecosystem.
Think Uniswap (UNI) liquidity pools that can route trades straight to Osmosis, or an ERC-3643 security token that compliantly settles onto a permissioned chain used by a regulated fund-no wrappers, no bridges, no Franken-SDK hacks.
Technical Highlights
To support explorers and auditors, the team shipped MANTRA Scan Alpha, the first block explorer that shows EVM and CosmWasm activity in a single feed. Bridges from major EVM networks are on deck, so funds can flow in from day one.
For investors, the change means they can bridge assets from any EVM chain and farm yields or buy tokenized T-bills without leaving familiar wallets. For builders, it means deploying a regulated RWA marketplace that talks to both MetaMask users and Cosmos zones via IBC channels-something no other chain offers today.
Testnet is open; feedback funnels through Discord. CEO John Patrick Mullin calls the move “execution over promises.” If the community signs off, MANTRA’s MultiVM mainnet will go live this summer, hoping to be the compliance-friendly hub where Wall Street meets DeFi without tripping on gas or governance.
Also See: Axelar Gives Ripple’s EVM Sidechain Instant Superpowers
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