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UAE’s MANTRA Finance Launches Regulated RWA Product with Pyse Earth

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On August 26, 2025, MANTRA Finance, a leading blockchain platform based in the United Arab Emirates, unveiled its first regulated real-world asset (RWA) product in partnership with Pyse Earth, a sustainability-focused investment platform. The Pyse E-Bike Fleet initiative, compliant with Dubai’s Virtual Asset Regulatory Authority (VARA) framework, marks a significant milestone in integrating blockchain technology with sustainable mobility, reinforcing the UAE’s position as a global leader in innovative finance.

Details of the RWA Product

Tokenizing Sustainable Mobility

The Pyse E-Bike Fleet product enables investors to purchase PYSEGREEN1 tokens, representing fractional ownership of lease income from electric bike fleets operated for major food delivery and e-commerce companies in the UAE. Valued at $50 million initially, the product targets up to 16% internal rate of return (IRR) over a 51-month horizon, with monthly payouts in USD Coin (USDC) and a minimum investment of $5,000. This initiative builds on MANTRA’s November 2024 partnership with Pyse to tokenize over 10,000 electric motorcycles by the end of 2025, aligning with Dubai’s D33 sustainability agenda.

Pyse’s fleets have already logged over 3 million kilometers and offset more than 20 million kilograms of CO₂, tapping into the global e-bike market projected to reach $61 billion by 2030. The product leverages MANTRA’s Cosmos-based Layer 1 blockchain, ensuring scalability and regulatory adherence for seamless DeFi integration.

Regulatory and Strategic Significance

As the first VARA-compliant RWA product, the Pyse E-Bike Fleet sets a precedent for tokenized assets in the Middle East. MANTRA Finance FZE, a wholly-owned subsidiary licensed by VARA, ensures robust oversight, addressing investor concerns about compliance and transparency. This launch follows MANTRA’s $108.8 million ecosystem fund announced earlier in 2025 to support RWA tokenization startups, signaling a broader vision for accessible, asset-backed digital products.

Market and Regional Implications

The initiative positions the UAE as a hub for RWA innovation, potentially influencing neighboring markets like Saudi Arabia and Qatar. The project’s alignment with environmental, social, and governance (ESG) criteria attracts institutional capital, with early estimates suggesting $200 million in inflows by Q2 2026. The partnership’s success could accelerate tokenization of other green assets, such as solar projects, further enhancing the UAE’s sustainability credentials.

For global investors, this product offers exposure to the fast-growing clean mobility sector with minimized regulatory risk. However, stakeholders should monitor liquidity dynamics and regional economic policies to optimize returns.

Strategic Considerations for Stakeholders

Investors interested in sustainable finance should join the waitlist on MANTRA Finance’s platform to participate in the Pyse E-Bike Fleet offering. Crypto businesses can explore similar RWA models, leveraging the UAE’s progressive regulatory environment. The product’s low entry barrier democratizes access to high-yield assets, but due diligence on market volatility is advised.

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Terra LUNA Classic

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Terra Classic Achieves Major Milestone with Successful Cosmos SDK 0.53 Upgrade – Full Recovery and Modern Integration After Four Years

The Terra Classic community is celebrating a significant victory. On April 17–18, 2026, the network successfully completed its long-awaited upgrade to Cosmos SDK 0.53, marking one of the most important technical achievements in the project’s history.

Validators across the globe confirmed the smooth activation of terrad v4.0.0 and the dedicated v14_1 upgrade handler. The upgrade has now brought Terra Classic fully in line with the latest standards of the broader Cosmos ecosystem.

In a heartfelt message shared on X, prominent community voice Mr. Diamondhandz1 (@MrDiamondhandz1) congratulated all validators:

“Good morning $LUNC community and congratulations to all the validators on the successful SDK 53 upgrade yesterday. Next up the market module 2.0. Keep building for Terra Luna Classic! “LUNC”

The post captured the optimistic mood perfectly — relief, pride, and excitement for what lies ahead.

A Long Journey of Resilience

It has been nearly four years since the dramatic events of May 2022 that shook the original Terra ecosystem. Many outside observers had written off LUNC and USTC as relics of the past. Yet the dedicated community refused to let the chain fade away.

Through persistent burns, governance proposals, validator commitment, and steady development work, Terra Classic has not only survived — it is now actively modernizing and reintegrating with the wider Cosmos family of blockchains. The successful SDK 0.53 upgrade is powerful proof that the recovery is real and accelerating.

This update delivers:

  • Improved performance and network efficiency
  • Enhanced security and stability
  • Better compatibility with modern Cosmos tools and infrastructure
  • A stronger foundation for future features and developer activity

In simple terms, Terra Classic just gave its blockchain a major “software refresh” that brings it up to current industry standards. The chain is now more robust, future-proof, and attractive to builders who want to create new applications on LUNC and USTC.

Community and Validator Strength on Full Display

The upgrade process showcased the maturity the community has built over the past four years. Validators coordinated flawlessly, with many reporting stable block production shortly after the planned chain halt. Multiple teams, including BiNodes, publicly confirmed they are now running on the new version and have even released updated developer tools (such as a new Python SDK) to make building on Terra Classic easier than ever.

Community sentiment across X has been overwhelmingly positive. Posts describe the moment as “the rebirth has officially begun,” “exciting times ahead,” and “a true era of independence.” Developers and data analysts are now being actively invited back to the chain, with new tools like open APIs making on-chain data more accessible.

Looking Forward: Momentum Is Building

The successful SDK 0.53 upgrade is not the finish line — it is the starting point for the next phase of growth. The community has already set its sights on Market Module 2.0, the next major improvement on the roadmap.

With the technical foundation now modernized and fully aligned with the Cosmos ecosystem, Terra Classic is better positioned than ever to:

  • Attract new developers and dApps
  • Improve utility for LUNC and USTC holders
  • Explore meaningful partnerships and integrations
  • Continue the important work of burns and ecosystem rebuilding

After four long years of resilience, the LUNC community has shown what dedication and patience can achieve. The chain is no longer just surviving — it is evolving, modernizing, and preparing for a stronger future.

A New Chapter for Terra Classic

This upgrade is more than a technical success. It is a powerful symbol of recovery and renewal. The Terra Classic that exists today is more stable, more secure, and more connected to the broader blockchain world than it has been in years.

The community’s unwavering belief has turned a challenging chapter into one of the most inspiring comeback stories in crypto. As one validator put it recently: “Many have left, but the stupid tax has remained… It really is time to address the TAX Elephant and bring back some on-chain volume.”

With the SDK 0.53 upgrade complete and the next steps already in motion, the future for LUNC and USTC looks brighter than it has in a very long time.

Keep building, keep holding, and stay positive — Terra Classic is back on track and moving forward with real momentum.

The best days for LUNC are still ahead.

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