TL;DR
- Partnership: Manta and Pruv Finance launch a compliant RWA collaboration centered on tokenizing sports infrastructure assets in Indonesia.
- $GSP Asset: The Garuda Sports Fund introduces revenue‑generating padel court investments, supported by strong performance metrics and on‑chain accessibility through Manta Pacific.
- Future Access: The network plans to issue tokens allowing users to acquire these RWAs and earn dividends from expanding padel facilities across Southeast Asia.
Manta has formalized a new partnership with Pruv Finance to introduce compliant real‑world asset investment opportunities directly into its ecosystem. Pruv Finance operates under approval from Indonesia’s OJK Sandbox, enabling it to tokenize and distribute regulated RWA products. The collaboration launches with the Garuda Sports Fund, a tokenized vehicle focused on financing padel courts and broader sports infrastructure across Indonesia, giving Manta users exposure to revenue‑generating assets through a fully compliant tokenization framework.
https://twitter.com/MantaNetwork/status/2016843872337613013
Launch of the Garuda Sports Fund
The first asset introduced through this partnership is the Garuda Sports Fund, identified by the ticker $GSP. The fund supports the development, expansion, and operation of padel courts and wellness facilities throughout Indonesia. The network is directly investing in $GSP and has secured an exclusive three‑month arrangement beginning January 1, 2026. The initiative opens access to revenue‑producing RWA instruments through Pruv’s tokenization infrastructure, aligning on‑chain accessibility with real‑world performance.
Yield Rights and On‑Chain Integration
Manta’s participation in $GSP grants exposure to dividend‑yielding rights from operational padel court facilities, including high‑performing locations in Jakarta generating roughly 30% ARR. These assets will be bridged to Manta Pacific, enabling seamless on‑chain access. Implementation relies on Special Purpose Vehicles that connect physical property titles with digital tokens, supporting fractional ownership and automated yield distribution. This structure ensures transparent, compliant, and efficient management of revenue‑backed RWA assets.
Padel’s Strong Unit Economics
Garuda Sports Fund’s emphasis on padel courts reflects the sport’s compelling economics. A standard padel court requires only 200 square meters, allowing three courts to fit within the footprint of a single tennis court and significantly increasing revenue per square meter. The sport’s 92% retention rate accelerates returns, often achieving full payback within 12 to 16 months. Indonesia’s adoption has surged nearly 400% in under three years, contributing to global growth projected to exceed 81,000 courts by 2027.
Expanding RWA Access for Manta Users
This partnership marks a meaningful step in connecting traditional revenue‑generating assets with blockchain infrastructure. Manta’s modular architecture supports efficient RWA distribution, while Pruv’s compliant framework provides regulatory stability. The collaboration positions Manta users to benefit from Southeast Asia’s expanding padel market through tokenized investment opportunities. Manta plans to issue tokens enabling community members to acquire these RWAs directly, earning proportional dividends from facility cash flows as additional details roll out soon.
