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ubai, UAE, 12 May 2025 – MultiBank Group, the world's largest financial derivatives institution, has signed a historic $3 billion tokenization agreement with MAG, the leading real estate developer in the UAE, and Mavryk, a leading blockchain innovator. This partnership marks the largest real-world asset (RWA) tokenization initiative globally to date.
The initiative highlights the imminent launch of $MBG, the utility token at the core of MultiBank's next-generation digital finance ecosystem. The partnership will bring MAG's high-value real estate developments onto the blockchain, making them available to global investors via MultiBank.io's fully regulated RWA marketplace.
Holders of RWA assets will be able to earn yields distributed daily on the MultiBank.io platform. The $MBG token will power access, staking, fee payments, and platform engagement, positioning it as the infrastructure layer behind institutional-grade digital asset offerings.
"This isn't just a real estate deal – it is a flagship use case for the $MBG token," said Zak Taher, Founder and CEO of MultiBank.io. "By enabling seamless access to $3B in tokenized property, MultiBank becomes the bridge between regulated finance and the next-generation investment infrastructure."
Talal Al Gaddah, Senior Executive Vice Chairman of MAG, added: "Partnering with MultiBank Group marks a milestone in broadening access to high-value developments and unlocking liquidity via blockchain, while preserving uncompromising standards of transparency and stakeholder protection."
The initial tokenization of $3 billion is just the beginning. The platform is built to scale up to $10 billion in assets, setting the stage for a new era of programmable ownership and compliant digital investing – with $MBG at its foundation.
MultiBank Group provides tangible value for both retail and institutional users through a buyback-and-burn model tied to platform revenues, staking rewards designed to incentivize long-term engagement, and discounted fees and VIP tiers. The $MBG token is engineered to reward participation and drive ecosystem demand.
About MultiBank Group
Established in California, USA in 2005, MultiBank Group is a global leader in financial derivatives, serving over 2 million clients across 100 countries. Renowned for its innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group offers an array of brokerage services and asset management solutions.
About MAG
MAG is the real estate development arm of MAG Group – a multinational conglomerate based in the UAE, with a 46-year-old legacy. With a commitment to excellence, MAG continues to shape the future of urban living, delivering transformative projects that enhance lifestyles and communities.
About Mavryk
Mavryk is the Layer-1 blockchain designed to revolutionize asset ownership and nurture the RWA community, building the tokenization of assets for tomorrow. By leveraging RWA tokenization, DeFi applications, and a robust infrastructure, Mavryk aims to transform how individuals interact with and leverage tokenized assets.
