Shane Shin on Shorooq Partners' Investment in Mantra ($OM)

The past 24 hours have been challenging for everyone involved with MANTRA, and as one of the key investors in the project, we feel it's essential to provide you with the facts as we know them, and outline where we stand. It is important to note up front that Shorooq (its funds and founding partners) and MANTRA (management and team members), have not sold OM tokens in the lead up to, or during, this crash.

As we look toward 2025, our mission remains clear: to bridge global investment corridors, support visionary entrepreneurs, and drive meaningful, long-term impact across sectors. The opportunities ahead are limitless, and with the continued trust and partnership of our stakeholders, we are poised to embrace the future with energy, ambition, and optimism.

A roundtable event, co-hosted by Shorooq and London Stock Exchange (LSEG), brought together key stakeholders at Abu Dhabi Global Market (ADGM) HQ to explore the challenges and opportunities of utilizing capital markets for tech companies as a viable exit path in the MENA region.