Mantle announces the launch of Mantle Banking, a crypto banking app, and MI4, an index fund

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MarsBit
04-03
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Mars Finance News: Mantle previewed two major releases in its latest quarterly letter: the crypto banking application Mantle Banking and the tokenized fund Mantle Index Four (MI4). Mantle Banking will integrate fiat and crypto asset management functions, allowing users to achieve consumption, savings, and investment within a single account, and support direct tokenization of salaries into stablecoins, combined with global virtual card payments, creating a seamless bridge between TradFi and DeFi. MI4 is a tokenized fund supported by $400 million from Mantle Treasury, positioned as a "crypto version of S&P 500", providing efficient crypto Beta exposure, and will be traded in tokenized form on Mantle Network in the future. Mantle stated that these products will further drive its ecosystem development and invite $MNT holders to participate in function design and product governance.

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