Dimitra and MANTRA Join Forces to Digitize Cacao Farming and Carbon Credits via Blockchain

Blockchain and the Bean: Dimitra Advances Agricultural Tokenization With MANTRA Despite Token Crash

Dimitra, a blockchain firm focused on agricultural innovation, is forging ahead with its partnership with Layer 1 platform MANTRA, aiming to digitize real-world agricultural assets—starting with Brazilian cacao and Mexican carbon credits—on-chain, despite the latter’s recent token market troubles.

The collaboration, first announced months before MANTRA’s native OM token plunged over 90% in a sharp April correction, is still intact. Dimitra CEO Jon Trask told CoinDesk at the Bitcoin 2025 conference in Las Vegas that the team paused briefly to reassess, but ultimately reaffirmed their commitment.

“We took a step back to ensure the fundamentals were still strong,” Trask said. “And they are—especially MANTRA’s regulatory standing and technical capabilities.”

Trask cited MANTRA’s VARA license, issued by Dubai’s Virtual Assets Regulatory Authority, as a cornerstone of Dimitra’s confidence. That license, alongside MANTRA’s previous tokenization of $500 million in UAE real estate, signaled a level of credibility he said outweighed short-term volatility.

The partnership is launching with two pilot projects: a cacao initiative involving 25 smallholder farmers in Roraima, Brazil (out of a potential 374), and a carbon credit program in Mexico. The long-term goal, Trask said, is to bring over $1 billion worth of agricultural assets on-chain via MANTRA’s infrastructure.

Dimitra plans to enable OM token holders to back regenerative farming initiatives, offering them access to traceable, verifiable investments directly linked to real-world output. Returns could range from 10% to 30% per year, according to early models—though Trask was quick to note the risks inherent to agriculture, such as drought or crop disease.

Integration of the programs is ongoing, with Trask estimating that investment opportunities will be live within months.

John Patrick Mullin, CEO of MANTRA, called the collaboration a model for blockchain’s real-world utility. “This is exactly what we built MANTRA Chain for—bringing transparency, traceability, and scalability to real-world asset projects with genuine impact,” he said in a statement.

As the broader crypto market recalibrates after recent volatility, Dimitra’s move shows that real-world utility—and regulatory readiness—may trump price action when it comes to building lasting partnerships in the digital asset space.