Blockchain EV Delivery Rollout Begins in Dubai with Polygon, Pyse

In a major step toward advancing real-world assets (RWAs) on the blockchain, Polygon Labs has announced a collaboration with Pyse’s electric motorcycle fleet deployed in Dubai for food delivery. This step taken by both sets the stage for Pyse and Polygon’s plans to expand into India—a country with a rapidly growing electric mobility sector and an increasing focus on sustainable infrastructure. India’s commitment to electric vehicles (EVs) and decentralized technologies makes it a prime market for blockchain-powered real-world assets. Pyse, a pioneering platform enabling retail investors to own fractional shares of sustainable and clean energy assets, is bringing its RWAs on-chain in collaboration with Polygon. Polygon’s collaboration aligns with its broader strategy to build a robust RWA ecosystem, with Pyse emerging as a flagship product in this initiative. Through this collaboration, Pyse’s electric motorcycles will be seamlessly integrated into Polygon’s blockchain infrastructure, unlocking new opportunities for transparency, efficiency, and fractional ownership of green mobility solutions. In addition to electrifying last-mile logistics, Pyse is also introducing the Depin Mining Machine (DMM)—a technology that transforms these motorcycles into mobile data collection nodes. The DMM allows other Decentralized Physical Infrastructure Networks (DePIN) projects to leverage Pyse’s fleet for gathering valuable urban data, including noise pollution, air pollution, and road conditions, while simultaneously minting their native tokens.“Our collaboration with Polygon represents a pivotal moment for Pyse as we bridge the gap that exists with the financing of green assets,” said Kaustubh Padakannaya, Co-Founder and CEO at Pyse. “This partnership will not only accelerate the deployment of our electric motorcycles in Dubai but also enable new DePIN applications that amplify our asset’s impact.”Aishwary Gupta, Global head of payments and liquidity at Polygon said, “RWAs and DePIN are key focus areas for Polygon, and we're excited to work with Pyse to bring institutional-grade green assets to retail. With India’s rapidly growing focus on electric mobility and sustainable infrastructure, we see tremendous potential for deploying similar models in the Indian market, creating impactful investment opportunities and driving large-scale green adoption" This initiative strengthens Polygon’s vision for a blockchain-powered real-world asset ecosystem and establishes Pyse as a leader in sustainable, tech-enabled mobility solutions. The Indian EV market is projected to grow annually by 18%, reflecting significant interest among consumers, particularly the younger demographic – which makes it the perfect market to enter. As Pyse and Polygon plan to explore opportunities in India, their proven model of fractional ownership and data-driven mobility solutions could help accelerate India’s green transition, offering innovative investment opportunities and contributing to the nation’s sustainable development goals.

In a major step toward advancing real-world assets (RWAs) on the blockchain, Polygon Labs has announced a collaboration with Pyse’s electric motorcycle fleet deployed in Dubai for food delivery. This step taken by both sets the stage for Pyse and Polygon’s plans to expand into India—a country with a rapidly growing electric mobility sector and an increasing focus on sustainable infrastructure. India’s commitment to electric vehicles (EVs) and decentralized technologies makes it a prime market for blockchain-powered real-world assets.

Pyse, a pioneering platform enabling retail investors to own fractional shares of sustainable and clean energy assets, is bringing its RWAs on-chain in collaboration with Polygon. Polygon’s collaboration aligns with its broader strategy to build a robust RWA ecosystem , with Pyse emerging as a flagship product in this initiative. Through this collaboration, Pyse’s electric motorcycles will be seamlessly integrated into Polygon’s blockchain infrastructure, unlocking new opportunities for transparency, efficiency, and fractional ownership of green mobility solutions.

In addition to electrifying last-mile logistics, Pyse is also introducing the Depin Mining Machine (DMM) —a technology that transforms these motorcycles into mobile data collection nodes. The DMM allows other Decentralized Physical Infrastructure Networks (DePIN) projects to leverage Pyse’s fleet for gathering valuable urban data, including noise pollution, air pollution, and road conditions , while simultaneously minting their native tokens. “ Our collaboration with Polygon represents a pivotal moment for Pyse as we bridge the gap that exists with the financing of green assets,” said Kaustubh Padakannaya, Co-Founder and CEO at Pyse .

“This partnership will not only accelerate the deployment of our electric motorcycles in Dubai but also enable new DePIN applications that amplify our asset’s impact.” Aishwary Gupta, Global head of payments and liquidity at Polygon said, “RWAs and DePIN are key focus areas for Polygon, and we're excited to work with Pyse to bring institutional-grade green assets to retail. With India’s rapidly growing focus on electric mobility and sustainable infrastructure, we see tremendous potential for deploying similar models in the Indian market, creating impactful investment opportunities and driving large-scale green adoption" This initiative strengthens Polygon’s vision for a blockchain-powered real-world asset ecosystem and establishes Pyse as a leader in sustainable, tech-enabled mobility solutions .

The Indian EV market is projected to grow annually by 18%, reflecting significant interest among consumers, particularly the younger demographic – which makes it the perfect market to enter. As Pyse and Polygon plan to explore opportunities in India, their proven model of fractional ownership and data-driven mobility solutions could help accelerate India’s green transition, offering innovative investment opportunities and contributing to the nation’s sustainable development goals..