DatoDurian Pioneers Malaysia's Farms with First Tokenization of Durian Farm
KUALA LUMPUR, Malaysia, Feb. 17, 2025 /PRNewswire/ -- DatoDurian, Malaysia's first live agriculture tokenization project, proudly announces the completion of its private sale, selling 100% of the initial round. This milestone, achieved ahead of schedule, solidifies DatoDurian's position as the pioneer in blending agriculture and blockchain technology to revolutionize Malaysia's premium durian industry.
DatoDurian will mint their public round on Mantra Chain, a purpose-built RWA Layer 1 Blockchain, that's capable of adherence to real world regulatory requirements in the coming weeks.
DatoDurian enables investors to own a share of Southeast Asia's most profitable agricultural market by tokenizing durian farms as Real-World Assets (RWAs). The platform provides unprecedented access to a thriving industry, ensuring transparency and long-term stability for investors.
"We're breaking barriers to offer fractional ownership, unparalleled returns, and long-term stability—all backed by lifetime freehold farmland," said Bobby Sim, VP of DatoDurian. "This is more than just an investment; it's the gateway to a booming industry powered by innovation and trust."
John Patrick Mullin, CEO and Co-Founder of MANTRA said, "At MANTRA we're focused on empowering those with high quality asset classes - just like DatoDurian's farms - with the leading protocol and infrastructure they need to seamlessly participate and build solutions in the evolving RWA tokenization space.Just like real estate, agriculture makes a perfect use case for tokenization. It's exciting to see how this project could lead to others and the opportunities it will yield."
"One of the biggest benefits of RWA and tokenization is that we're not subject to market crashes. We don't pay attention to bull or bear markets because our profits are not tied to speculation. It's the sale of durian fruit which is in extremely high demand" claims Warren Burke, VP of Ecosystem.
DatoDurian is also offering customers free cryptocurrency tokens, such as Bitcoin and Ethereum. This choice from the company enforces their stance on trust and security for all users. "Most of our users come from traditional finance and don't understand Web3 at all. We want to give them a safe and secure channel to learn about blockchain" states Bobby Sim.