Email and social sign-ins replace seed phrases on MANTRA interfaces, while users keep control of their keys
MANTRA is rolling out Privy’s embedded wallet infrastructure across its user-facing apps. The goal is to remove the most painful step in crypto onboarding without taking custody away from users.
The first live deployment landed on MF Markets, MANTRA’s trading venue for real-world assets (RWAs), around October 22, 2026. MANTRA Zone and other front ends are next in line.
For a chain built around tokenized RWAs, this matters. The crowd it wants to reach has never written down a 24-word recovery phrase, and most of them would prefer not to start.
What Privy actually changes
New users can now create a wallet by signing in with an email address, a Google account, or an Apple account. Getting into an onchain app now feels a lot like logging into any ordinary website.
The catch with easy logins is usually custody. Plenty of “sign in with Google” products quietly hold your keys, which turns a self-custody wallet into a bank account with extra steps.
Privy takes a different approach. According to the research findings, the wallets stay non-custodial because they are protected by key sharding inside a trusted execution environment (TEE), along with policy enforcement.
Think of it this way. A TEE is a sealed vault inside a processor, and sharding splits a key into pieces so no single party holds the whole thing. The user keeps control, and nobody along the way has to be trusted with the full key.
The rollout is happening in phases across MANTRA’s main surfaces:
- MF Markets: the trading platform, covering RWAs, stocks, indices, commodities, and forex. Privy wallets are already live here.
- MANTRA Zone: the hub for building and staking. It is part of the broader rollout.
- Community front ends: including the Onchain OMies ecosystem.
Community reaction has been mostly positive, according to the research findings. Many users see the change as a key step toward wider adoption in the RWA sector.
The bigger MANTRA picture
MANTRA Chain is a Layer-1 blockchain designed from the start for compliance and tokenized real-world assets. It holds a VARA license in Dubai, which positions it for the regulated end of the tokenization market rather than the anything-goes end.
The chain has also added MultiVM capabilities. It now supports both EVM and CosmWasm environments, so developers from the Ethereum world and the Cosmos world can each work with familiar tools.
Its native token is now $MANTRA, which evolved from the earlier OM token. That migration is still underway. The eighth batch of OM upgrade claims is scheduled to open on October 27, 2026, and certain eligible users have until December 2 to claim.
The OMies show how the ecosystem has shifted over time. The group started as an 8,888-piece NFT collection on Stargaze, the Cosmos-based NFT marketplace. When MANTRA Chain launched its EVM layer, the project saw an opening to grow into more than a profile-picture collection. It now runs from onchainomies.com.
What this means for MANTRA and the RWA race
The wager here is simple. If tokenized stocks, commodities, and forex are going to reach mainstream users, the wallet cannot be the obstacle. Seed phrases have long been one of the main points where newcomers give up, and MANTRA is trying to remove that step without becoming a custodian.
That distinction is important for a chain that leans on regulatory credibility. A custodial setup brings its own licensing and liability questions. A non-custodial wallet with a consumer-grade login lets MANTRA offer a familiar sign-up while users still technically own their assets.
There are also tradeoffs to keep in mind. TEE-based security depends on the integrity of the hardware and of Privy’s architecture. Users who sign in with Google or Apple are also tying wallet access, at least partly, to those accounts. It is a different trust model from a seed phrase stored in a drawer, not a trust-free one.
