Nansen, a popular platform for blockchain analytics, has launched a new partnership with Mantra, the well-known L1 blockchain that handles the adoption of institutions and real-world assets (RWAs). As part of this collaboration, Nansen will serve as a key validator for mantras, transparency, regulatory preparation, and decentralization. The platform used social media to disclose this exclusive development.
Nansen operates as a prominent verification device in the mantra
The Nansen-Mantra partnership highlights the key steps to making the latter a blockchain focused on compliance. Mantra has a prominent position while acquiring a virtual asset service provider license within Dubai’s jurisdiction. This is currently targeting institutional users who are striving to have regulatory clarity in the rapidly evolving world of RWA and Defi.
In addition to this, recent developments in Mantra also reflect this substantial change. The platform reportedly reorganized validators and conducted a comprehensive token burn. This demonstrates substantial efforts to reduce insider control while supporting wider participation. At the same time, the company is halving internal validators, allowing more outsider stakeholders to become part of the network’s proof model.
Combining trust with transparency to provide an unparalleled user experience
According to Nansen, it provides on-chain analysis in a distributed, compliant way as a mantra validator. Apart from that, the partnership is intended to combine trust with transparency to deliver an unparalleled customer experience. Furthermore, expressing his commitment to the initiative, Nansen argued that he would reinvest validators’ rewards to expand the ecosystem.
