Inveniam to Buy MANTRA After $20M Investment

Inveniam Capital Partners will acquire MANTRA, the Layer 1 blockchain it backed with a $20 million investment last year. The companies said the transaction is expected to close in the third quarter.

MANTRA’s native token lost more than 90% of its value in 2025. The company announced a restructuring in January and carried out staff reductions. Inveniam made its $20 million investment in August, before that restructuring.

MANTRA holds a Virtual Asset Service Provider license from Dubai’s Virtual Assets Regulatory Authority, which allows the firm to operate a digital asset exchange and provide broker-dealer, management and investment services in Dubai. Inveniam said acquiring MANTRA will allow it to combine those regulated permissions with its private market data products. The purchase price was not disclosed.

A technical component of the companies’ work is NVNM Chain, a Layer 2 network the firms developed. Inveniam described NVNM as a platform for operators of autonomous AI agents to register agent identity, constrain agent scope and record cryptographic evidence of agent actions in regulated workflows in a form that authorized counterparties or regulators can independently verify.

Patrick O’Meara, Inveniam’s chairman and chief executive, wrote that the initial investment reflected a belief that regulated blockchain infrastructure and AI-ready private market data belong on the same technology stack. MANTRA chief executive John Patrick Mullin noted the two firms had been working toward the transaction since Inveniam’s strategic investment.

The transaction is subject to customary closing conditions and regulatory approvals. Company statements did not provide further details on integration timelines or staffing plans after closing.