MultiBank Group Announces $3 Billion Real Estate Tokenization with MAG, Prepares $MBG Token Launch
MultiBank Group, the world’s largest financial derivatives institution, has entered into a groundbreaking $3 billion tokenization agreement with UAE-based real estate developer MAG and blockchain innovator Mavryk. This marks the largest real-world asset (RWA) tokenization initiative to date, signaling a major leap in institutional adoption of blockchain technology.
The partnership will tokenize high-value MAG properties including The Ritz-Carlton Residences and Keturah developments, making them accessible to global investors through MultiBank.io’s regulated RWA marketplace. The MOVE coincides with MultiBank’s preparation to launch $MBG, the utility token at the core of its next-generation digital finance ecosystem.
This institutional-scale tokenization demonstrates growing confidence in blockchain’s ability to transform traditional asset markets. The initiative combines MAG’s real estate expertise with MultiBank’s financial infrastructure and Mavryk’s blockchain capabilities, creating a blueprint for future RWA projects.