[MANTRA Announces Layoffs and Restructuring to Address Market Challenges] MANTRA co-founder John Patrick Mullin issued a statement saying that MANTRA will undergo corporate restructuring and reduce team size, affecting multiple support departments such as business development, marketing, and human resources. Mullin stated that the adverse events of April 2025 and downward market pressure have made the cost structure unsustainable. The restructuring aims to focus on the core strategy in the RWA sector to enhance capital efficiency and maintain a leading position.