Mavryk Partners with Fireblocks to Tokenize $10B in Real Estate via MultiBank
Mavryk has integrated Fireblocks' secure wallet technology to facilitate the tokenization of over $10 billion in real-world assets (RWAs) on MultiBank's platform. The initiative is anchored by MAG Lifestyle Developments' premium real estate portfolio, including high-profile properties like the Ritz-Carlton Residences and Keturah Reserve.
The collaboration enables users to trade and borrow against tokenized real estate assets secured on the Mavryk blockchain. Fireblocks' MPC-based wallets provide institutional-grade security, while MultiBank serves as the exchange and distribution channel for these RWAs.
Mavryk's infrastructure supports token issuance across primary and secondary markets, positioning the blockchain as a key player in RWA lending. This partnership marks a significant step toward bridging traditional finance with decentralized ecosystems.