MultiBank.io Teams Up with Fireblocks & Mavryk to Disrupt Real Estate with $10B Tokenization Play
Wall Street meets blockchain—again. MultiBank.io just unveiled a $10 billion real estate tokenization platform, backed by crypto custody giant Fireblocks and DeFi player Mavryk. Because nothing says 'innovation' like throwing institutional money at an on-chain version of the same old assets.
The pitch? Fractional skyscrapers. The reality? Another attempt to make illiquid markets slightly less illiquid—with bonus crypto volatility. Fireblocks brings security cred, Mavryk adds DeFi liquidity hooks, and MultiBank? They’ll handle the part where traditional finance pretends blockchain solves paperwork.
Watch for the usual suspects: yield-hungry institutions, regulatory side-eye, and at least one VC calling this 'the future of ownership.' Spoiler: The future still requires clearing houses.