MAG and MultiBank Agreement on $3B Blockchain Project

MAG and MultiBank Agreement on $3B Blockchain Project

MAG has shared a groundbreaking $3 billion tokenization agreement with MultiBank Group, the world’s largest financial derivatives institution, and blockchain innovator Mavryk. The partnership marks the largest real-world asset (RWA) tokenization initiative globally to date, according to the companies involved.

Central to the initiative is the launch of $MBG, the utility token that will power MultiBank’s next-generation digital finance ecosystem. Through this partnership, MAG’s prestigious real estate assets — including The Ritz-Carlton Residences, Dubai, Creekside and Keturah Reserve — will be tokenized and made accessible to global investors via MultiBank.io’s regulated RWA marketplace.

MAG and MultiBank Agreement on $3B Blockchain Project

Once live, holders of these tokenized assets will earn daily yields on the MultiBank.io platform. So, the $MBG token will facilitate key platform functions including access, staking, fee payments, and governance — establishing itself as the foundational layer of this institutional-grade digital asset framework.

Under the agreement:

  • MAG will contribute its high-value real estate inventory.
  • Mavryk will provide blockchain infrastructure for on-chain issuance and DeFi integrations.
  • MultiBank Group will ensure regulatory compliance, platform oversight, and secondary market liquidity.

Moreover, Talal Moafaq Al Gaddah, Senior Executive Vice Chairman of MAG, commented: “Partnering with MultiBank Group marks a milestone in broadening access to high-value developments and unlocking liquidity via blockchain.”

Zak Taher, Founder and CEO of MultiBank.io, added: “This is not just a real estate deal — it’s a flagship use case for $MBG. By enabling access to $3B in tokenized property, we’re bridging traditional finance and digital investment infrastructure.”

The collaboration is going to scale, with plans to expand the platform’s capacity to support up to $10 billion in assets, ushering in a new era of programmable ownership and compliant digital investing.

With the launch of the $MBG token and the tokenization of premium real estate developments, the partnership not only enhances investor access and liquidity but also signals the beginning of a scalable, compliant, and yield-generating digital investment ecosystem. So, as the platform expands toward a $10 billion asset goal, it paves the way for a transformative shift in how institutional and retail investors engage with real estate and digital assets.

Also, stay updated with the Latest Broker News.

Leave a comment