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Dubai’s VARA Greenlight Sends MultiBank and MAG Racing Toward $3B Tokenized Property Play

Dubai’s VARA Greenlight Sends MultiBank and MAG Racing Toward $3B Tokenized Property Play

Published:
2025-05-02 11:45:40
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VARA License Paves Way for MultiBank and MAG’s $3B Real Estate Tokenization

Regulators finally unlocked the gates—now the institutional herd is stampeding into blockchain’s promised land. MultiBank Group and MAG’s mega-deal just got its golden ticket.

Breaking the chains of analog finance

That VARA license isn’t just paperwork—it’s a wrecking ball smashing through legacy capital barriers. Watch traditional REITs scramble to explain why their investors still tolerate 45-day settlement cycles.

The cynical take? Banks will now spend $20M on ‘innovation labs’ to replicate what crypto natives built in 2014. Welcome to the party, Wall Street—try not to trip over the blockchain you called a ‘scam’ last quarter.

|Square

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