Republic Digital partners with Centrifuge to advance tokenization efforts and invest in RWA innovation.
Investment Announcement: Republic Digital has made a strategic investment in the RWA firm Centrifuge through its Opportunistic Digital Assets Fund, although the total investment value remains undisclosed.
Growth of Centrifuge: Centrifuge's total value locked (TVL) surged from $120 million to $1.2 billion within six months, indicating significant interest in real-world assets among traditional finance firms.
Tokenized Assets Commitment: Republic Digital's CEO emphasized the importance of tokenized assets and praised Centrifuge’s JAAA ETF, which allows ordinary investors access to complex fixed-income products typically reserved for Wall Street.
Future Plans: Centrifuge plans to utilize the funding to enhance the transferability, composability, and liquidity of its real-world assets, marking a shift from theoretical concepts to practical execution in modern finance.
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Technical Analysis for OM
Technical Sentiment Analysis for MANTRA (OM) As of , MANTRA (OM) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for OM stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, OM is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
MANTRA (OM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0179 | 0.0278 | 0.0376 | 0.0474 | 0.0573 | 0.0671 | 0.077 |
| Fibonacci | 0.0278 | 0.0353 | 0.0399 | 0.0474 | 0.055 | 0.0596 | 0.0671 |
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