Dimitra Doubles Down on Blockchain Agriculture With MANTRA Despite Market Jitters
Blockchain agriculture platform Dimitra is staying the course with its strategic alliance with MANTRA, undeterred by recent volatility in the OM token, which plunged 90% in April. The firm says MANTRA’s regulatory standing and technical infrastructure remain key to unlocking large-scale agricultural asset tokenization.
Speaking at the Bitcoin 2025 conference in Las Vegas, Dimitra CEO Jon Trask revealed details of two pilot programs underway: one focused on cacao production in Brazil’s Roraima region, and another involving carbon credits in Mexico. Though modest in scale for now—only 25 farmers are currently enrolled in the cacao initiative—Trask said the long-term ambition is to tokenize $1 billion worth of agricultural assets using MANTRA’s blockchain.
“This is about more than a token price,” Trask said. “We’re building an infrastructure that will empower farmers and make agricultural investment accessible, transparent, and traceable.”
The projects will allow OM token holders to invest directly in regenerative agriculture, funding farmers in exchange for a potential return of 10–30% annually, according to preliminary modeling. Blockchain infrastructure will be used to verify data and outcomes, helping mitigate risks around fraud and inefficiency that have long plagued agricultural finance.
Trask acknowledged that the partnership was signed prior to OM’s dramatic price drop, but said his team reassessed the risks and chose to proceed. A major factor was MANTRA’s Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA)—a key differentiator that signaled long-term viability.
“We paused, we evaluated, and we still saw a credible team, real infrastructure, and one of the strongest regulatory positions in the RWA space,” Trask explained.
For MANTRA, the partnership adds to a growing list of real-world asset (RWA) projects, including the tokenization of $500 million in real estate in the United Arab Emirates. CEO John Patrick Mullin said the Dimitra collaboration represents the kind of practical, high-impact use case that blockchain needs more of.
“Tokenized agriculture is the next frontier for blockchain,” Mullin said. “We’re excited to support Dimitra in creating tangible solutions for farmers and investors alike.”
With tokenized real-world assets gaining traction in both institutional and retail circles, Dimitra’s steady commitment to its partnership may signal that blockchain adoption is maturing beyond price speculation—toward actual utility.
