MANTRA Finance to launch first regulated RWA product with Pyse Earth’s bike fleet in UAE
MANTRA Finance has unveiled its first regulated RWA investment product, the Pyse E-Bike Fleet, allowing investors to earn income from UAE-based electric bike lease operations.
- Pyse E-Bike Fleet targets up to 16% IRR over a 51-month horizon, with monthly payouts in USDC.
- Compliant with Dubai VARA regulations and supports the emirate’s D33 sustainability agenda.
MANTRA Finance has announced the launch of its first regulated RWA investment product in partnership with sustainable investment platform Pyse Earth. The Pyse E-Bike Fleet will allow investors to purchase PYSEGREEN1 tokens, providing exposure to lease income from e-bike fleets operated for leading food delivery and e-commerce companies in the UAE.
The investment taps into the fast-growing electric mobility sector, with the global e-bike market projected to hit $61 billion by 2030. Pyse’s fleets have already logged over 3 million kilometers and offset more than 20 million kilograms of CO₂.
The launch follows MANTRA’s November 2024 partnership with Pyse to tokenize over 10,000 electric motorcycles by 2025. This new product marks the first step in bringing that vision to market.
About Pyse E-Bike Fleet
Pyse E-Bike Fleet is fully compliant with Dubai’s Virtual Asset Regulatory Authority (VARA) framework and supports the emirate’s D33 sustainability agenda.
The product targets returns of up to 16% IRR over a 51-month horizon, with monthly distributions in USD Coin (USDC) and a $5,000 minimum investment. Interested investors can join the waitlist on Mantra Finance’s website.
