Mantle & Republic: mETH in Institutional Portfolios
Mantle and Republic Technologies Partner for Institutional mETH Integration
Mantle, a leading sustainable hub for on-chain finance with over $3 billion in Total Value Locked (TVL), has announced a strategic partnership with Republic Technologies, the Ethereum (ETH) treasury of Beyond Medical Technologies Inc. (CSE: DOCT). This collaboration marks a significant step forward in institutional cryptocurrency adoption, establishing Mantle's mETH as the first liquid staking token held on a publicly listed company's balance sheet.
A New Paradigm for Institutional Ethereum Adoption
Republic Technologies, managing the ETH treasury for Beyond Medical Technologies, is pioneering a new institutional strategy centered on Ethereum. Unlike firms primarily focused on Bitcoin, Republic recognizes Ethereum's crucial role in smart contracts, tokenization, and decentralized finance. By accumulating ETH and holding mETH, Republic enhances its healthcare technology businesses while providing shareholders with exposure to digital assets. This innovative approach is attracting significant interest from traditional markets.
Daniel Liu, CEO of Republic Technologies, stated: "We believe Ethereum is the institutional blockchain, with ETH as the fuel for global finance. Our involvement with Mantle's Scout Program naturally led us to mETH. Over 50 established firms, including BlackRock and PayPal, have already built on Ethereum. Wall Street's decision is clear; we aim to extend the benefits to a wider range of investors."
Mantle's mETH Protocol: Institutional-Grade Liquid Staking
Mantle's mETH Protocol has rapidly become a leader in Ethereum liquid staking. Within 66 days of launch, it surpassed $1 billion in TVL, reaching a peak of over $2.19 billion. mETH is designed for institutional-grade efficiency and composability, enabling institutions to access Ethereum yield through a robust framework. Over 170,000 mETH (approximately $455 million) has been restaked into EigenDA, securing Mantle's data availability layer. Validator operations are distributed across trusted providers like Stakefish and Blockdaemon.
Jonathan Low, Growth Lead at mETH Protocol, commented: "Republic Technologies' participation highlights mETH's suitability for institutional strategies on Ethereum. As demand grows for ETH-native yield, we are building resilient infrastructure for long-term investors."
Future Developments: MI4 and Mantle Banking
This partnership comes ahead of mETH's inclusion in MI4, a yield-focused index fund developed with Securitize. Backed by up to $400 million from the Mantle Treasury, MI4 aims for $1 billion in assets under management (AUM), offering regulated access to various assets, including mETH. Mantle is also launching Mantle Banking to integrate mETH into traditional finance systems, enabling spending, borrowing, and investing via conventional payment rails.
About Mantle Ecosystem
Mantle is a blockchain ecosystem focused on bridging traditional and decentralized finance. Its services include Mantle Network, mETH Protocol, and MI4. Mantle aims to create a unified financial platform for the Web3 era.
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