Dubai, UAE, Might sixth, 2025, Chainwire
MultiBank Group, the world’s largest monetary derivatives establishment, has signed a historic $3 billion tokenization settlement MAG Way of life Improvement, the main actual property developer within the UAE, and Mavryk, a number one blockchain innovator, marking the most important real-world asset (RWA) tokenization initiative globally to this point. The initiative highlights the approaching launch of $MBG, the utility token on the core of MultiBank’s next-generation digital finance ecosystem.
The partnership will carry MAG’s high-value actual property developments — The Ritz-Carlton Residences, Dubai, Creekside, which is a part of the Keturah Resort, and Keturah Reserve — onto the blockchain, making them obtainable to international traders through MultiBank.io’s totally regulated RWA market. As soon as launched, holders of the RWA belongings will be capable to earn yield distributed each day on the MultiBank.io platform.
The $MBG token will energy entry, staking, payment funds, and platform engagement, positioning it because the infrastructure layer behind institutional-grade digital asset choices.
As a part of the settlement, MAG will present its premium actual property stock for tokenization, whereas Mavryk will ship the blockchain infrastructure to help on-chain asset issuance and DeFi integrations. MultiBank Group will oversee regulatory compliance, secondary market liquidity, and platform governance — all strengthened by the $MBG token’s multi-layered utility.
“This isn’t only a actual property deal — it’s a flagship use case for the $MBG token. By enabling seamless entry to $3B in tokenized property, MultiBank turns into the bridge between regulated finance and next-generation funding infrastructure. That is how we make Web3 actual.” mentioned Zak Taher, Founder and CEO of MultiBank.io.
Talal Al Gaddah, Senior Govt Vice Chairman of MAG, mentioned: “At MAG, we’ve at all times been pushed by excellence and a ardour for shaping the property panorama of tomorrow. Partnering with MultiBank Group marks a milestone in broadening entry to high-value developments and unlocking liquidity through blockchain, whereas preserving uncompromising requirements of transparency and stakeholder safety.”
Alex Davis, Founder and CEO of Mavryk, commented “This collaboration represents a paradigm shift in how real-world belongings are accessed and traded. By leveraging our superior tokenization and DeFi infrastructure, we’re reworking landmark developments into borderless, liquid funding alternatives. Along with MAG and MultiBank Group, we’re laying the technological basis for a clear, scalable future the place institutional-grade belongings can be found on the click on of a button.”
With a buyback-and-burn mannequin tied to platform revenues and staking rewards designed to incentivize long-term engagement, MultiBank Group supplies tangible worth for each retail and institutional customers. From discounted charges and VIP tiers to launchpad entry and real-world asset publicity, the $MBG token is engineered to reward participation and drive ecosystem demand.
The preliminary tokenization of $3 billion is just the start. The platform is constructed to scale as much as $10 billion in belongings, setting the stage for a brand new period of programmable possession and compliant digital investing — with $MBG at its basis
Authorized Disclaimer
The Ritz-Carlton Residences, Dubai, Creekside, are usually not owned, developed, or offered by The Ritz-Carlton Lodge Firm, LLC or its associates (“Ritz-Carlton”). MAG of Life FZ-LLC makes use of The Ritz-Carlton marks below a license from Ritz-Carlton, which has not confirmed the accuracy of any of the statements or representations made herein.
About MAG
MAG, is the actual property growth arm of MAG Group – a multinational conglomerate primarily based within the UAE, with a 46-year-old legacy. MAG was established in 2003 and its present actual property portfolio ranges from iconic residential towers and communities to extremely luxurious developments that incorporate Bio Residing and wellness-focused ideas, that are thought of firsts within the area. With a dedication to excellence, MAG continues to form the way forward for city residing, delivering transformative tasks that improve life and communities.
About MultiBank Group
MultiBank Group, established in California, USA in 2005, is a worldwide chief in monetary derivatives, serving over 2 million shoppers throughout 100 international locations, and boasts a buying and selling quantity that exceeds $35 billion per day throughout the first 4 days in April 2025. Famend for its modern buying and selling options, sturdy regulatory compliance, and distinctive customer support, the Group presents an array of brokerage providers and asset administration options. It’s regulated throughout 5 continents by 17 of essentially the most respected monetary authorities globally. The Group’s award-winning buying and selling platforms provide as much as 500:1 leverage on a various vary of merchandise, together with Foreign exchange, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has acquired over 70 monetary awards recognizing its buying and selling excellence and regulatory compliance. For extra data, customers can go to MultiBank Group’s web site.
About Mavryk
Mavryk is the Layer-1 blockchain designed to revolutionize asset possession and nurture the RWA group, constructing the tokenization of belongings for tomorrow. By leveraging RWA tokenization, DeFi functions, and sturdy infrastructure, Mavryk goals to rework how people work together with and leverage tokenized belongings. Our imaginative and prescient is to create an interconnected community financial system by the seamless integration of RA with DeFi.
Contact
Nasser Saimeh[email protected]
