MVL has launched its mainnet powered by Base Appchains, designed to bring real-world mobility data fully onchain. The network specializes in:
- Low-latency processing of high-frequency vehicle data
- Real-time tracking of EVs for RWA financing via Musubi platform
- Transparent recording of ride-hailing fares and driver earnings
$MVL serves as the native gas token, powering all network transactions and DeFi products. The system connects MVL's existing mobility ecosystem, including TADA ride-hailing service and ONiON Mobility's EV infrastructure.
A real-time dashboard is under development to visualize vehicle tracking and pricing data.
🚗 Musubi A/R Brings Tokenized Mobility Receivables to Base
**Musubi A/R** is now live on Base, offering access to tokenized mobility receivables backed by real-world vehicle lease contracts from active drivers in emerging markets. **How it works:** - Purchase tokenized receivables starting from 10 USDC - Capital is backed by physical EV assets and driver lease contracts - Collected payments are settled on-chain upon maturity - Estimated yields up to 20%+ annualized **Key features:** - Built on Base for low transaction costs - Multi-layered credit support including third-party guarantees - Transparent terms and redemption details available on-site - Backed by MVL Group's operating experience in ride-hailing (TADA) and EV mobility (ONiON) The platform connects Web3 users with real mobility businesses in Southeast Asia, offering an alternative to traditional RWA products like Treasuries and real estate. [Explore active deals](https://musubi.fi/ar-service)
MVL Launches Ambient Hailing: AI Agents Book Real Rides
MVL has introduced **Ambient Hailing**, a service that lets AI agents book real-world rides through conversation. **How it works:** - Tell your AI agent your destination - Agent checks available rides, fares, and travel times - Review and approve the booking - Agent requests a driver and provides updates - Pay with registered card or USDC The service connects AI agents to **Throo** (New York) and **TADA** (Singapore) ride-hailing networks. Users can arrange transportation without switching apps or manual booking steps. Payments are supported through existing TADA and Throo accounts, plus x402-based USDC payments. MVL plans to expand to more AI agent platforms and mobility partners. To support this ecosystem, MVL will launch **Ambient Protocol**, a Layer-1 blockchain, in 2027. The existing MVL token will rebrand as **AMB** following the mainnet launch. More details: [Ambient Hailing](https://hail.ambprotocol.com/)
Cambodian Tuk-Tuks Power New Tokenized Receivables Platform

**Musubi A/R** connects real-world mobility cash flows to blockchain through tokenized receivables from Cambodia's daily transportation operations. **How it works:** - Tuk-tuks and taxis generate predictable daily revenue - These future payments become tokenized receivables - Users can purchase them starting at 10 USDC on Base - After maturity, holders redeem for the expected amount **Why it matters:** - RWA backed by understandable, recurring cash flows - Provides capital access to emerging market mobility operators - Built on MVL's existing Southeast Asian mobility network (TADA ride-hailing, ONiON electric vehicles) **Roadmap includes:** - Multi-chain expansion - Additional payment currencies - Gasless transactions - Secondary market functionality The platform aims to make real economic activity from emerging markets accessible onchain, moving beyond traditional treasury-backed RWA products. [Explore Musubi A/R](https://musubi.fi/ar-service) | [User Guide](https://docs.mvlchain.io/mvl-blockchain/mvl-blockchain/mvl-rwa-musubi/musubi-a-r-user-guide)
🚗 Emerging-Market Mobility Receivables Enter RWA Space
**Musubi A/R introduces emerging-market mobility receivables** as a new real-world asset (RWA) category, expanding beyond the typical Treasury bonds, real estate, and money market instruments most users encounter. **Key points:** - Traditional RWA products focus on developed-market assets - Musubi A/R offers exposure to mobility receivables from emerging markets - Represents a different asset class with distinct risk characteristics - Provides diversification opportunity for investors familiar with Treasury-backed tokens This development opens a new lane in the RWA market, allowing users to explore asset-backed tokens tied to transportation and mobility services in developing economies. The risk-return profile differs significantly from government-backed securities, requiring investors to evaluate emerging-market exposure alongside traditional RWA holdings.
Musubi A/R Launches User Guide for Tokenized Mobility Receivables on Base

MVL has released a user guide for **Musubi A/R**, a platform that tokenizes real-world receivables from mobility businesses on Base network. **What it does:** - Allows users to purchase tokenized receivables from ONiON Mobility's Cambodian operations - Receivables come from electric vehicle rental agreements with ride-hailing drivers - Users can redeem tokens after payment due dates **Key features:** - Minimum purchase: 10 USDC - Returns: Up to 20% annualized - Maturity: Less than one month The receivables are backed by ONiON Mobility's electric three-wheeler rental business, where vehicles are primarily used by drivers on the TADA ride-hailing platform. The [user guide](https://docs.mvlchain.io/mvl-blockchain/mvl-blockchain/mvl-rwa-musubi/musubi-a-r-user-guide) covers wallet connection, purchasing with USDC, and redemption processes.