MultiBank, MAG, and Mavryk Partner for $3B RWA Tokenization

MultiBank Group, the world‘s leading financial derivatives institution headquartered in Dubai, has entered a historic $3 billion tokenization agreement with MAG, a top UAE real estate developer, and Mavryk, a pioneer in blockchain innovation. This partnership marks the largest real-world asset (RWA) tokenization initiative globally, introducing the $MBG utility token as the backbone of MultiBank’s cutting-edge digital finance ecosystem.

The collaboration will bring MAG‘s prestigious real estate projects, including The Ritz-Carlton Residences, Dubai, Creekside (part of Keturah Resort), and Keturah Reserve, onto the blockchain. These assets will be accessible to global investors through MultiBank.io’s fully regulated RWA marketplace. Investors holding these tokenized assets will benefit from daily yield distributions on the MultiBank.io platform, redefining real estate investment accessibility.

The $MBG token serves as the cornerstone of this ecosystem, enabling access, staking, fee payments, and platform engagement. It positions MultiBank as a leader in institutional-grade digital asset offerings, bridging traditional finance with blockchain technology.

Roles and Responsibilities in the Tokenization Partnership

Under the agreement, MAG will supply its premium real estate portfolio for tokenization, while Mavryk provides the blockchain infrastructure for on-chain asset issuance and DeFi integrations. MultiBank Group ensures regulatory compliance, secondary market liquidity, and platform governance, all powered by the $MBG tokens versatile utility.

“This isnt just a real estate deal — it is a flagship use case for the $MBG token. By enabling seamless access to $3B in tokenized property, MultiBank becomes the bridge between regulated finance and next-generation investment infrastructure. This is how we make Web3 real,” said Zak Taher, Founder and CEO of MultiBank.io.

Talal Moafaq Al Gaddah, Senior Executive Vice Chairman of MAG, emphasized, 'At MAG, we have always been driven by excellence and a passion for shaping the property landscape of tomorrow. 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.'

Alex Davis, Founder and CEO of Mavryk, added, “This collaboration represents a paradigm shift in how real-world assets are accessed and traded. By leveraging our advanced tokenization and DeFi infrastructure, we are transforming landmark developments into borderless, liquid investment opportunities.”

The Power of the $MBG Token

The $MBG token is designed to drive ecosystem participation with a buyback-and-burn model linked to platform revenues and staking rewards to encourage long-term engagement. Benefits include discounted fees, VIP tiers, launchpad access, and exposure to tokenized real estate, making it attractive for both retail and institutional investors. The platforms scalability, with plans to tokenize up to $10 billion in assets, positions $MBG as the foundation for a new era of programmable ownership and compliant digital investing.

About MultiBank Group

Founded in 2005 in California, USA, MultiBank Group is a global leader in financial derivatives, serving over 2 million clients across 100 countries. With a daily trading volume exceeding $35 billion in early April 2025, it offers innovative trading solutions, robust regulatory compliance, and award-winning platforms. Regulated by 17 global financial authorities, MultiBank provides up to 500:1 leverage on products like Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies, earning over 70 financial awards.

About MAG

MAG, the real estate arm of the UAE-based MAG Group, boasts a 46-year legacy. Since 2003, MAG has developed iconic residential towers, communities, and ultra-luxury projects incorporating bio-living and wellness-focused concepts. Its commitment to excellence shapes the future of urban living, delivering transformative projects that enhance communities.

About Mavryk

Mavryk is a Layer-1 blockchain focused on revolutionizing asset ownership through RWA tokenization and DeFi applications. Its robust infrastructure aims to create an interconnected network economy, transforming how individuals interact with tokenized assets.

Learn more about MultiBank Groups innovative financial solutions.