Mantle, a pioneering on-chain ecosystem revolutionizing the DeFi space, has partnered strategically with Republic Technologies, the Ethereum (“ETH”) treasury of publicly listed Canadian company Beyond Medical Technologies Inc.
According to an official announcement today, the partnership will see Republic Technologies integrating Mantle’s mETH Protocol to foster Defi innovation.
Following this partnership, Mantle’s mETH will become the first liquid staking token to be held on the balance sheet of a publicly listed company, marking a major milestone in institutional cryptocurrency adoption.
Nonetheless, Republic Technologies has disclosed plans to delegate a significant portion of its ETH holdings to Mantle’s mETH Protocol and will hold mETH as a yield-bearing, liquid staking token on its balance sheet.
While this move highlights growing investor conviction in Ethereum-native yield infrastructure, it reflects Republic Technologies’ deepening alignment with the Mantle ecosystem.
With this partnership, Republic Technologies seeks to establish a new institutional paradigm by building a treasury strategy around Ethereum, which is seen as the foundational layer for smart contracts, tokenization, and decentralized financial settlement.
Per the announcement, Republic Technologies adopts an approach anchored in Ethereum’s role as the infrastructure layer powering blockchain innovation and real-world enterprise integration. This is unlike Bitcoin-focused strategies employed by firms like Strategy and Metaplanet, whose reserves are largely Bitcoin-based.
As such, Republic Technologies will be accumulating ETH as its core balance sheet asset, advancing the growth of its underlying healthcare technology businesses while offering institutional-grade exposure to digital assets for all shareholders.
Daniel Liu, the CEO of Republic Technologies, commented on this,s saying;
“We hold strong conviction that Ethereum is the institutional chain, with ETH serving as the digital fuel powering global financial systems…Our initial entry through Mantle’s Scout Program helped us gain early exposure to the broader Mantle ecosystem, where our alignment with mETH Protocol came as a natural next step.”
“More than 50 established incumbents—including BlackRock, Franklin Templeton, PayPal, and Visa—have already built services on Ethereum. Wall Street has made its decision. Our role now is to extend the benefits of this macro tailwind to a broader base of institutional and retail participants worldwide,” Liu added.
The firm’s decision to establish an Ethereum treasury has fueled its decision to integrate Mantle’s mETH Protocol. This DeFi platform has quickly emerged as one of the leading platforms in Ethereum liquid staking and restaking.
Designed with institutional-grade capital efficiency and composability in mind, mETH enables institutions to access Ethereum-native yield through a fully composable and capital-efficient framework.
Jonathan Low, the Growth Lead at mETH Protocol has also commented on the partnership saying;
“Republic Technologies’ participation highlights mETH Protocol’s ability to support institutional strategies built natively on Ethereum…As demand accelerates for ETH-native yield and utility, we remain focused on building resilient infrastructure that long-term allocators can trust.”
Following efforts to boost mETH’s adoption while offering users the opportunity to spend, borrow, and invest with mETH across traditional payment rails, Mantle is making plans to extend mETH’s utility across traditional finance through Mantle Banking.
This initiative seeks to integrate mETH into fiat rails, credit products, and conventional payment systems.