Inveniam to acquire Mantra after OM crash and recovery push

Inveniam Capital Partners plans to acquire Mantra and affiliated entities after a turbulent year marked by the OM token collapse and sustained market pressure. The deal follows Inveniam’s $20 million strategic investment in Mantra in August 2025. Mantra had been rebuilding after OM suffered a 90% drop within hours on April 13, 2025, wiping out more than $5 billion in market value. In response, CEO John Patrick Mullin said the decline was driven by “reckless forced closures” by centralized exchanges on OM holders’ accounts, not by token selling. As part of its turnaround and infrastructure expansion, Inveniam said it will deepen its entry into tokenized real-world assets (RWA). On May 13, 2026, Mantra launched the NVNM Chain layer-2 on its ecosystem, aimed at verifying asset information without exposing confidential data. Inveniam CEO Patrick O’Meara said the acquisition supports growth in “digital private markets,” positioning Mantra’s regulated blockchain infrastructure alongside AI-ready private market data. Cointelegraph reported it contacted Mantra for deal details but did not receive a response by publication. For traders, the move is a high-signal attempt to re-rate Mantra’s infrastructure narrative after the OM crash and could influence sentiment around RWA and L2 ecosystems.