coin-img-ETHETH-0.71%coin-img-BTCBTC+1.48%coin-img-SOLSOL+0.12%coin-img-XRPXRP-2.41%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE-2.60%coin-img-OKBOKB-1.91%coin-img-ADAADA-4.73%coin-img-ETHETH-0.71%coin-img-BTCBTC+1.48%coin-img-SOLSOL+0.12%coin-img-XRPXRP-2.41%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE-2.60%coin-img-OKBOKB-1.91%coin-img-ADAADA-4.73%coin-img-ETHETH-0.71%coin-img-BTCBTC+1.48%coin-img-SOLSOL+0.12%coin-img-XRPXRP-2.41%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE-2.60%coin-img-OKBOKB-1.91%coin-img-ADAADA-4.73%coin-img-ETHETH-0.71%coin-img-BTCBTC+1.48%coin-img-SOLSOL+0.12%coin-img-XRPXRP-2.41%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE-2.60%coin-img-OKBOKB-1.91%coin-img-ADAADA-4.73%
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Hassan Shittu

Mantra cuts staff and adopts lean model after OM crash; CEO statement on January 14, 2026

On January 14, 2026, CEO John Patrick Mullin said Mantra will reduce headcount and shift to a lean operating model after months of pressure stemming from OM’s severe drawdown. Teams in business development, marketing, HR and support are most affected, while the firm prioritizes capital efficiency and RWA execution alongside measures like a 150 million OM burn and buybacks.
OM
OM-4.48%
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RWA