Dubai-Regulated E-Bike Fleet Token Opens to Investors February 10th
Dubai-Regulated E-Bike Fleet Token Opens to Investors February 10th
🏍️ Dubai's E-Bike Token Launches
PYSE Green Velocity 1 launches February 10th for institutional and KYC-verified investors through MANTRA Finance, following approval from Dubai's Virtual Assets Regulatory Authority (VARA).
Key Details:
- Offers Shariah-compliant exposure to lease income from commercial electric motorbikes
- Serves Dubai's food delivery and e-commerce sectors
- Over $250,000 already committed by institutional investors
- Limited allocation available for MANTRA community and public participants
- Represents Dubai's continued leadership in bringing real-world assets (RWAs) onchain
The offering marks the first RWA product in Dubai to receive a VARA Non-Objection Certificate (NOC), demonstrating the emirate's position as a fast-moving jurisdiction for tokenized assets.
Interested investors can join the waitlist for access to this regulated investment opportunity in Dubai's growing electric vehicle infrastructure.
On February 10th, the PYSE Green Velocity 1 E Bike Fleet opens to institutional and KYC verified investors following receipt of the VARA NOC. Offering Shariah compliant exposure to lease income from commercial EV motorbikes powering Dubai’s food and e-commerce sector. Over
Meet the faces behind the first RWA product in Dubai to receive a VARA NOC: @jp_mullin888 - MANTRA Founder @mkp2497 - @PyseEarth Founder Steven Peepels - MANTRA General Counsel @Profoneur - MANTRA Head of Research 🏍️🇦🇪
Starting February 10th, investors can access @varadubai regulated exposure to lease income from commercial EVs powering Dubai’s food and e-commerce sector. Read the blog for more details: mantrachain.io/resources/anno… Full speed ahead! 🫡 🏍️ 🇦🇪 𝐋𝐢𝐜𝐞𝐧𝐬𝐢𝐧𝐠 𝐨𝐫
Proud to announce that @PyseEarth has received the official Non-Objection Certificate (NOC) from Dubai's Virtual Assets Regulatory Authority, VARA, to launch via MANTRA Finance. The E Bike Fleet offering opens February 10th for institutional and KYC verified investors 🇦🇪
More than $250,000 in private institutional capital has already been committed to the 'PYSE Green Velocity 1' offering, leaving a limited allocation available for the MANTRA community and public participants. Learn more and join the Waitlist: mantra.finance/pyse
With our licensed home base in Dubai, it is important to be at the forefront of bringing Shariah compliant RWA onchain. With the Green Velocity 1 token from @PyseEarth, available starting next week, we are meeting that demand. cryptonews.net/news/other/323…
🔔 Fifth $OM Upgrade Tranche Opens February 8th
MANTRA announces the fifth $OM Upgrade Tranche will be available for claiming starting **Sunday, February 8th** at [mantra.zone](http://mantra.zone). **Key Details:** - Claims window opens February 8th - **Two-week deadline** - closes February 22nd - Precedes the $MANTRA upgrade scheduled for March 2nd **Important Reminder:** Token holders must claim their allocation within the first 12 months to continue receiving OM upgrade distribution rewards. The claiming portal is accessible at [mantra.zone/my-overview](http://mantra.zone/my-overview). This marks the fifth tranche in MANTRA's ongoing token upgrade program for community members.
MANTRA Proposal 28 Open for Community Voting
MANTRA Chain has an active governance proposal (Prop 28) currently open for community voting. **Key Details:** - Voting is live on Mintscan - Community members can review proposal details and cast their votes - [View Proposal 28](https://www.mintscan.io/mantra/proposals/28) The proposal represents ongoing community governance on MANTRA Chain, the RWA-focused Layer 1 blockchain. Token holders can participate in the decision-making process through the on-chain voting mechanism.
🔍 Validators Unmasked
**Blockchain validators are stepping into the light.** The emerging KYV (Know Your Validator) standard represents a shift from anonymous transaction processors to professional operators with public reputations. **Key aspects of KYV:** - Transparent display of which validators secured each block - Clear documentation of when blocks were secured - Visible rules governing validator operations - Built-in compliance at the chain level This approach contrasts with most blockchain networks that obscure the validator layer. The standard is particularly relevant for institutional adoption, as it provides the regulatory transparency required by traditional finance. The KYV framework operates on Cosmos infrastructure, enabling real-time visibility into the validation process while maintaining security standards. For a comprehensive analysis of the KYV standard and its implications: [Read the full article](https://coinmarketcap.com/community/articles/695f2309c6affb17ec69b3db/)
🚴 $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)