Agri-Tech Agency Dimitra Companions With MANTRA to Convey Cacao, Carbon Credit onto the Blockchain
Dimitra, a blockchain-based agricultural know-how firm, has partnered with Layer 1 blockchain platform MANTRA to deliver real-world agricultural property on-chain.
Jon Trask, Dimitra’s founder CEO, advised CoinDesk at Bitcoin 2025 in Las Vegas final week that the partnership goals to ultimately deliver a billion {dollars} value of agricultural property, beginning with cacao in Brazil and carbon credit in Mexico, onto MANTRA’s blockchain.
Trask added that the 2 pilot initiatives with MANTRA are at the moment small in scale — in Brazil, solely 25 of the 374 cocoa farmers in Brazil’s so-called “cocoa pole” within the southern area of Roraima are at the moment signed as much as take part — however might be expanded “indefinitely” with sufficient investor curiosity.
Via the partnership, MANTRA holders will be capable to make investments immediately in smallholder farmers, offering funding for quite a lot of regenerative agricultural initiatives in a method that’s made traceable and verifiable by the blockchain. Trask estimated that buyers might see between a 10-30% return on their investments yearly, which he clarified was a a projected vary primarily based on preliminary modeling — with agriculture comes dangers like pests and drought which might influence yield, he added.
Trask stated that Dimitra continues to be within the strategy of integrating the 2 pilot packages with MANTRA, however expects that holders of MANTRA’s native OM token will be capable to put money into the initiatives inside the subsequent couple of months.
Dimitra’s announcement comes a month after MANTRA took a beating. Its OM token plummeted 90% in a flash-crash in April. For the reason that crash, OM has hovered round $0.34 — a far cry from its top of $8.47 in February.
Requested why Dimitra went ahead on a partnership with MANTRA following the fallout, Trask stated that the deal pre-dated the crash, however admitted it initially gave him pause.
“We made the deal many months in the past,” Trask advised CoinDesk. “Then they’d their crash, and all of us took a pause to reassess to make sure we have been making the most effective selections for the long-term advantage of the group and initiatives amid a time of volatility.”
However finally Trask determined to maneuver ahead with the partnership, telling CoinDesk that, when the mud settled, he nonetheless discovered the basic causes for the partnership to carry true: MANTRA had a powerful workforce, he stated, the real-world asset (RWA) improvement was sound, and he was impressed by their digital asset service supplier (VASP) license, granted by Dubai’s Digital Asset Regulatory Authority (VARA), which it obtained earlier this 12 months.
MANTRA has accomplished quite a few RWA tokenization initiatives within the Center East, together with tokenizing $500 million value of actual property within the United Arab Emirates (UAE) for a Dubai-based actual property group.
“Tokenizing agriculture isn’t nearly innovation, it’s about discovering options to real-world points lengthy related to meals provide — at scale — and for long-term influence,” stated John Patrick Mullin, CEO of MANTRA, in a press launch shared with CoinDesk. “Dimitra is fixing real-world issues, with a deal with traceability and transparency — and we’re proud to assist deliver these to a wider viewers. MANTRA Chain was constructed to help initiatives like these.”
