Mantle Revolutionizes Institutional Cryptocurrency Adoption
Singapore, Singapore, May 22nd, 2025 – Mantle, a leading sustainable hub for on-chain finance with over $3 billion in Total Value Locked (TVL), has announced a strategic partnership with Republic Technologies, the Ethereum treasury of publicly listed Canadian company Beyond Medical Technologies Inc. This groundbreaking collaboration marks Mantle’s mETH as the first liquid staking token to be held on the balance sheet of a publicly listed company, signaling a significant shift in institutional cryptocurrency adoption.
Republic Technologies: Pioneering Ethereum Treasury Strategy
Republic Technologies is establishing a new paradigm in institutional cryptocurrency investment by focusing on Ethereum as the foundational layer for smart contracts, tokenization, and decentralized financial settlement. Unlike companies such as Strategy and Metaplanet, which have Bitcoin-centric reserve strategies, Republic Technologies is betting on Ethereum’s role in powering blockchain innovation and enterprise integration. By accumulating ETH as a core balance sheet asset, Republic Technologies aims to enhance its healthcare technology businesses while providing institutional-grade exposure to digital assets.
“We believe Ethereum is the institutional chain, with ETH serving as the digital fuel powering global financial systems,” said Daniel Liu, CEO of Republic Technologies. The company’s leadership team brings extensive experience from top financial institutions, including Apollo Global Management, Goldman Sachs, and BlackRock. Republic Technologies operates under Beyond Medical Technologies Inc., a technology firm leveraging blockchain to improve operational efficiency in healthcare.
Institutional Alignment with Mantle’s Yield Infrastructure
Mantle’s mETH Protocol has rapidly become a leading platform in Ethereum liquid staking and restaking. Within just 66 days of launch, it surpassed $1 billion in TVL, achieving the fastest growth in its category. Designed with institutional-grade capital efficiency in mind, mETH enables institutions to access Ethereum-native yield through a fully composable framework. Over 170,000 mETH (approximately $455 million) has been restaked into EigenDA, securing Mantle’s modular data availability layer.
“Republic Technologies’ participation highlights mETH Protocol’s ability to support institutional strategies built natively on Ethereum,” said Jonathan Low, Growth Lead at mETH Protocol. The partnership underscores growing investor conviction in Ethereum-native yield infrastructure and reflects Republic Technologies’ deepening alignment with the Mantle ecosystem.
Future Developments: MI4 and Mantle Banking
The partnership precedes mETH’s inclusion in MI4, a tokenized, yield-focused index fund developed with Securitize. Backed by up to $400 million anchor investment from the Mantle Treasury, MI4 targets $1 billion in Assets Under Management (AUM) and will offer regulated exposure to various cryptocurrencies and staking assets. Mantle is also preparing to extend mETH’s utility through Mantle Banking, an initiative that will integrate mETH into traditional financial systems, allowing users to spend, borrow, and invest with mETH across conventional payment rails.
About Mantle Ecosystem Mantle is a pioneering on-chain ecosystem dedicated to revolutionizing finance and blockchain scalability, bridging traditional finance (TradFi) and decentralized finance (DeFi). Through innovative products like Mantle Network and mETH Protocol, Mantle empowers users and institutions with a unified financial services platform, redefining how the world interacts with digital assets in the Web 3.0 era.
