Dubai, 14th August, 2024: MANTRA, the purpose-built RWA Layer-1 Blockchain today announced the signing of a Memorandum of Understanding with Novus Aviation Capital to accelerate the tokenization of assets in the $200 billion aviation financing market.
Established in 1994, Novus Aviation Capital, an independent, full service platform, has a reputation and track record for providing innovative and creative solutions in the trading, leasing, financing, management and re-marketing of commercial jet aircraft. Operating out of offices in Europe, Asia and the Middle East, Novus Aviation Capital is a leading name in Aviation Leasing and Financing.
“Our aim is to constantly innovate to work with our partners and investors to target the most attractive and robust risk adjusted returns within the aviation sector, and engaging with MANTRA to explore the benefits of tokenization in aviation investments with the aim to widen the investor base of this popular asset class and simplifying the way we buy, finance and trade aircraft.” said Mounir Kuzbari, Co-CEO of Novus Aviation Capital.
Novus has a mission to innovate and provide the most efficient leasing and financing solutions across the capital structure to airlines, lessors and manufacturers. By embracing new channels for distribution and capturing economic exposure through ground-breaking tokenization models through its partnership with MANTRA, Novus will spearhead further financial innovation and cement its leading position in the industry.
“The close collaboration between MANTRA and Novus will create greater efficiencies in aviation financing,” said John Patrick Mullin, Founder and CEO of MANTRA, “Novus’ deep understanding of the role tokenization plays in fulfilling that vision clearly demonstrates how transformative the use of distributed ledger technologies will be for the financial markets.”
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About Novus Aviation Capital
Novus, was established in 1994 as an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets. The Novus team operates out of its five global offices in the Middle East, Europe and Asia and is active in operating and finance leases, mezzanine and junior debt as well as third-party aircraft remarketing, servicing and advisory services.
Visit www.novus.aero for more information
About MANTRA
MANTRA is an Institutional-grade Layer 1 Blockchain for RWAs bringing World Finance Onchain. As a permissionless chain capable of adherence and enforcement of real world regulatory requirements, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.
MANTRA – From Institutions to Individuals: Bringing Finance Onchain.
