Multibank Group signs a strategic partnership with Mag to tokenize $ 3 billion active real estate – Cryptomod
- The largest tokenization initiative of this type is in front of the launch of $ MBG token, paving the way for digital access to the Prime property assets
Dubai, United Arab Emirates – (Business Wire) –#MultibankGroup—Multibank Group, the largest financial derivative institution in the world based in Dubai, has signed a historic $ 3 billion tokenization agreement with Mag, the first real estate developer to water, and Mavryk, a first innovator of the blockchain – marking the greatest initiative for real world token (RWA). The initiative highlights the imminent launch of $ MBG, the utilitarian token at the heart of the new generation of Multibank digital financing ecosystem.
The partnership will bring real estate developments of great value of Mag – The Ritz-Carlton Residences, Dubai, Creekside, which is part of the Keturah Resort, And Keturah reserve – On the blockchain, providing them with global investors via the fully regulated RWA market of Multibank.io. Once launched, RWA asset holders will be able to earn a distributed performance daily on the Multibank.io platform.
The MBG $ token will feed access, milestone, expense payments and the commitment of the platform, positioning it as the infrastructure layer behind institutional quality asset offers.
As part of the agreement, Mag will provide its high -end real estate inventory for tokenization, while Mavryk will deliver the Blockchain infrastructure to support the program program and challenge integrations. The Multibank group will oversee regulatory compliance, the liquidity of the secondary market and the governance of platforms – all reinforced by the multilayer utility of the $ MBG token.
“It is not only a real estate agreement – this is a flagship use case for the MBG $ token. said Zak Taher, founder and CEO of Multibank.io.
Talal Moafaq Al Gaddah, Mag's main executive vice-president, said: “At Mag, we have always been motivated by excellence and a passion to shape the real estate landscape of tomorrow. The partnership with the Multibanque group marks an important step in expanding access to high value developments and to unlock liquidity via blockchain protection. ”
Alex Davis, founder and CEO of Mavryk, said: “This collaboration represents a paradigm change in the way the active of the real world are accessible and exchanged. The click of a button. “”
With a model of redemption and burn linked to the revenues of the platform, and to mark out the awards designed to encourage long-term commitment, the Multibanque group offers tangible value to users of retail and institutional sales. Reduced costs and VIP levels to launch and exposure to active active world, the $ MBG token is designed to reward participation and stimulate the demand for the ecosystem.
The initial token of $ 3 billion is only the start. The platform is designed to increase up to $ 10 billion in assets, preparing the way for a new programmable property and compliant digital investment – with $ MBG at its foundation.
Legal warning
The residences of Ritz-Carlton, Dubai, Creekside, are not detained, developed or sold by the Ritz-Carlton Hotel Company, LLC or its affiliates (“Ritz-Carlton”). Mag of Life Fz-LLC uses the Ritz-Carlton brands under a license in Ritz-Carlton, which has confirmed the accuracy of any of the declarations or representations made here.
About the multibanque group
Multibank Group, created in California, in the United States, in 2005, is a world leader in financial derivatives, serving more than 2 million customers in 100 countries, and has a commercial volume that exceeds 35 billion dollars per day during the first 4 days in April 2025. Rel Nomed for its innovative edition of negotiation solutions, Robust regulatory compliance and exceptional customer service. It is regulated on five continents per 17 of the most famous financial authorities around the world. The group's award-winning trading platforms offer up to 500: 1 a lever effect on a diverse range of products, including Forex, metals, actions, products, clues and cryptocurrencies. Multibank Group has received more than 70 financial prizes recognizing its commercial excellence and its regulatory compliance. For more information, visit the Multibank group website.
About Mag
Mag, is the real estate development branch of the MAG group – a multinational water -based conglomerate, with a 46 -year inheritance. Mag was created in 2003 and its current real estate portfolio varies from emblematic residential towers and communities to ultra luxury developments that integrate concepts of organic life and well-being, which are considered the first in the region. With a commitment to excellence, Mag continues to shape the future of urban life, offering transformative projects that improve lifestyles and communities.
About Mavryk
Mavryk is the layer 1 blockchain designed to revolutionize the property of assets and feed the RWA community, building the tokenization of assets for tomorrow. By taking advantage of RWA tokenization, DEFI applications and robust infrastructure, Mavryk aims to transform the way individuals interact and take advantage of tokenized assets. Our vision is to create an interconnected network saving thanks to the transparent integration of RWA with DEFI.
Contacts
mohammad.shakfeh@multibankfx.com
00971585754191
