MANTRA to be acquired by Inveniam, backer that invested $20 million last year

The Block·

MANTRA to be acquired by Inveniam, backer that invested $20 million last year

60-second summary

MANTRA is being acquired by Inveniam, a backer that invested $20 million last year, in a move that comes after the token suffered a major collapse in 2025 and the company announced a restructure and layoffs, likely aiming to salvage remaining assets and stabilize the project. The acquisition may help restore investor confidence in the struggling crypto market.

The deal comes after MANTRA’s token suffered a major collapse in 2025 and then the company announced a restructure and layoffs.