MANTRA to Launch Compliant RWA Product Pyse E-Bike Fleet

Foresight News reports that MANTRA, a Layer 1 blockchain focused on real-world assets (RWA), announced on X that it will launch its first physical asset tokenization (RWA) product, Pyse E-Bike Fleet, in compliance with the Dubai Virtual Asset Regulatory Authority (VARA) regulations. Through this product, investors can earn a portion of the rental income generated by the commercial electric vehicle leasing business operated by a leading food and e-commerce company in the UAE.

MANTRA stated that the product will be launched soon, and users can join the waitlist via the official website. The company cautioned that investing in RWAs carries significant risks and may result in loss of principal, so investors should make decisions prudently based on their own risk tolerance.