MultiBank Group Announces $3 Billion Real Estate Tokenization Initiative with MAG Ahead of $MBG Launch
MultiBank Group, the world’s largest financial derivatives institution, has entered a groundbreaking $3 billion tokenization partnership with UAE-based MAG Lifestyle Development and blockchain innovator Mavryk. This marks the largest real-world asset (RWA) tokenization effort to date, signaling institutional momentum for blockchain-based finance.
The collaboration will digitize premium MAG properties—including The Ritz-Carlton Residences and Keturah Resort developments—on MultiBank.io’s regulated RWA marketplace. The move coincides with the impending launch of $MBG, the native token powering MultiBank’s digital ecosystem.
By bridging traditional real estate with decentralized finance, the initiative unlocks global investment access to high-value UAE properties while demonstrating blockchain’s capacity to transform asset ownership structures.