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Inveniam to Acquire MANTRA in Push for Institutional AI Integration

Inveniam to Acquire MANTRA in Push for Institutional AI Integration

The acquisition formalizes a partnership that gained momentum with the May 13th launch of the NVNM Chain, a Layer 2 network built on the MANTRA ecosystem. This infrastructure allows institutions to anchor cryptographic proofs of private asset data without exposing sensitive information, providing a verifiable source of truth for AI models and financial counterparties. By utilizing Interchain Security, the platform ensures that sensitive data remains off-chain while maintaining production-scale compatibility.

Patrick O’Meara, Chairman and CEO of Inveniam, stated that the firm’s initial investment was a strategic bet on the convergence of real-world asset tokenization and AI. With the NVNM Chain now live, the acquisition serves to unify the technological stack needed to support global private markets. Under the new arrangement, the MANTRA brand, its native gas token, and core pillars like MANTRA Finance and mantraUSD will continue to function as part of the broader Inveniam ecosystem. John Patrick Mullin, CEO of MANTRA, noted that the decision to merge organizational boundaries follows the successful technical collaboration between the two teams over the past year. The transaction remains subject to customary closing conditions, with financial terms of the deal kept private.

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