Mantle 2.0 to accelerate DeFi-CeFi convergence: Delphi Digital
Mantle’s growing utility within the Bybit exchange’s ecosystem may inspire a new wave of convergence between the industry’s decentralized and centralized stakeholders.
Mantle 2.0, which aims to become the institutional “liquidity chain” for tokenized real-world assets, is championing a new business model that may accelerate the mutually beneficial convergence between the industry’s centralized and decentralized participants.
Mantle Network was initially launched as an Ethereum layer-2 (L2) scaling solution in 2021 under BitDAO, as the first L2 network launched by a decentralized autonomous organization (DAO).
In July 2023, BitDAO and Mantle Network consolidated into the Mantle brand and the Mantle (MNT) token.
