MultiBank.io Launches $10B Real Estate Tokenization Platform with Fireblocks and Mavryk
MultiBank.io, the digital asset arm of MultiBank Group, has partnered with Fireblocks and Mavryk Network to launch a groundbreaking real estate tokenization platform. The initiative aims to bring $10 billion of real-world assets (RWAs) on-chain, focusing on security, compliance, and accessibility.
The first phase leverages MultiBank.io's $3 billion collaboration with MAG Lifestyle Development, featuring high-profile projects like The Ritz-Carlton Residences and Keturah Reserve. This expansion positions the platform as one of the largest global efforts in real estate tokenization.
Mavryk Network provides the blockchain infrastructure for on-chain issuance and DeFi integration, while Fireblocks delivers institutional-grade custody and tokenization solutions. MultiBank Group oversees regulatory compliance and secondary market liquidity, ensuring a robust framework for fractional ownership of income-generating properties.