MANTRA and Google Cloud Launch RWA Accelerator Program

🚀 Google Backs Web3 Builders

By MANTRA
Feb 24, 2025, 7:10 PM
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Photo by MANTRA

MANTRA Chain, in partnership with Google Cloud, has announced the RWAccelerator program at Consensus 2025.​ The initiative targets startups focusing on real-world asset (RWA) tokenization projects.​

Key offerings:

  • Investment capital
  • Mentorship opportunities
  • Dedicated AI support
  • Technical infrastructure

This launch follows MANTRA's recent exploration of AI integration in RWA tokenization, focusing on asset valuation and risk assessment improvements.​

Learn more: Program Details CoinDesk Coverage

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VARA Approves Dubai E-Bike Fleet RWA Product Launch

VARA Approves Dubai E-Bike Fleet RWA Product Launch

**MANTRA Finance and Pyse Earth have received regulatory approval from Dubai's Virtual Assets Regulatory Authority (VARA) to launch their E-Bike Fleet real-world asset product.** - **Launch Date**: February 10th - **Product**: Tokenized lease income from commercial electric vehicles operating in Dubai's food and e-commerce delivery sector - **Access**: Available to institutional and KYC-verified investors - **Regulatory Status**: Received official Non-Objection Certificate (NOC) from VARA The product allows investors to own portions of lease income generated from commercial EVs used by UAE's leading food and e-commerce companies. This marks the first regulated RWA product on MANTRA Finance. More details: [MANTRA Chain Blog](https://mantrachain.io/resources/announcements/pyse-and-mantra-finance-receive-required-vara-non-objection-certificate-to-launch-rwa-product-)

🚴 $250K Institutional Capital Commits to PYSE Green Velocity E-Bike Fleet

🚴 $250K Institutional Capital Commits to PYSE Green Velocity E-Bike Fleet

MANTRA Finance's first regulated RWA product has secured over $250,000 in private institutional commitments. The **PYSE Green Velocity 1** offering tokenizes lease income from commercial e-bikes operated by UAE's leading food and e-commerce companies. **Key Details:** - Limited allocation remains for MANTRA community and public investors - Compliant with VARA regulations - Investors gain fractional ownership of operational lease income - E-bike fleet serves major UAE delivery platforms This marks MANTRA's entry into regulated real-world asset tokenization, bridging traditional fleet financing with blockchain infrastructure. [Join the waitlist](https://mantra.finance/pyse)

MANTRA Governance Proposal 28 Open for Community Vote

A new governance proposal (Proposal 28) is now live on MANTRA Chain and available for community voting. **Key Details:** - Vote accessible via [Mintscan](https://www.mintscan.io/mantra/proposals/28) - Community members can review proposal details and cast their votes - Part of MANTRA's ongoing governance process for its RWA-focused Layer 1 blockchain The proposal follows MANTRA's commitment to decentralized governance, allowing token holders to participate in protocol decisions. Voting is currently open for community members to review and submit their positions.

🗳️ MANTRA Governance Proposal 28: Validator Set Expansion to 38

🗳️ MANTRA Governance Proposal 28: Validator Set Expansion to 38

**Governance Proposal 28 is now live for voting** MANTRA is proposing to expand its validator set from 33 to 38 nodes. The expansion aims to strengthen network decentralization by allowing more community validators and strategic partners to participate in securing the blockchain. **Key Points:** - Validator count increases from 33 to 38 - Enhances network decentralization - Opens opportunities for community validators - Enables strategic partner participation This follows previous governance efforts, including Proposal #15 which reduced validator downtime penalties to protect delegators and support smaller validators. **Vote on the proposal** through the governance portal.

MANTRA Partners with Goldsky for Enhanced EVM Data Infrastructure

MANTRA has partnered with **Goldsky** to integrate high-performance blockchain data indexing and real-time infrastructure into the MANTRA EVM ecosystem. **Key benefits:** - Real-time data handling and reliable connectivity - Simplified onchain execution - Reduced operational complexity for development teams - Faster deployment of production-ready applications Goldsky's infrastructure enables developers building on MANTRA's regulated Layer 1 blockchain to access efficient data indexing tools, streamlining the development process for applications in the RWA and DeFi space.

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