Polygon Teams Up With Pyse to Tokenize Electric Motorcycles
Polygon Labs partners with Pyse to launch tokenized electric motorcycles in Dubai with plans to expand the partnership into India.
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Ethereum scaling platform Polygon collaborates with Pyse, a sustainable infrastructure startup for tokenized electric motorcycles running deliveries in Dubai. Later, the companies plan to take the partnership into India as well.
In an announcement, Pyse says that the partnership aims to allow investors to own a slice of real-world infrastructure and earn returns. Blockchain-based fractional ownership means people worldwide can buy assets representing the fleet on-chain and earn yield based on the vehicle’s performance.
Pyse believes fractional ownership will onboard the next wave of real crypto users that are not traders or yield farmers, but regular people looking for stable returns.
- Polygon: will ensure transparent tracking of the bikes’ performance and revenue.
- Pyse: will secure real-data collection like noise, pollution, and road conditions through its DePIN mining machine (DMM).
The DMM feeds data directly onto the blockchain, ensuring transparency, immutability, and accessibility. This data is then used by stakeholders like investors, logistics firms, insurers, and manufacturers.
The DMM operates within a DePIN (Decentralized Physical Infrastructure Networks) framework, which is a physical infrastructure connected to blockchain.
What’s Behind the Growing Popularity of RWAs?
Real-world assets (RWAs) are becoming a major trend in crypto, as more institutions look to bring traditional assets like government bonds, gold, and private credit onto the blockchain.
As of April 2025, the total value of tokenised RWAs on-chain has reached nearly $19 billion, with over 98,000 holders and 188 issuers involved, according to rwa.xyz.
- U.S. Treasuries are the most popular, making up over $6.1 billion of the market, offering an average yield of about 4.15%.
- Gold is also a top choice – Paxos Gold (PAXG) and Tether Gold (XAUT) together account for more than $1.4 billion in value.
Most of these assets live on Ethereum, which hosts over half the RWA market. Other blockchains like ZKsync Era and Solana are growing fast too, with Solana seeing nearly 80% growth in the last month.
The growth of RWAs suggests a steady move toward integrating traditional assets with blockchain infrastructure.
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