MultiBank.io & Fireblocks Launch $10B Real Estate Tokenization Megadeal

Wall Street's sleeping giant just got a crypto wake-up call. MultiBank.io—the $10B digital asset exchange—is partnering with institutional custody titan Fireblocks to tokenize commercial real estate assets. Finally, someone's putting blockchain's "fractional ownership" promises to work.

The play? Tokenizing trophy properties—skyscrapers, logistics hubs, maybe even that half-empty mall your pension fund won't stop throwing money at. Fireblocks brings military-grade security to the party, while MultiBank.io's exchange infrastructure handles the dirty work of making illiquid assets trade like memecoins.

Will this actually move the needle? Maybe. Unlike last year's parade of vaporware REIT tokens, these guys have the regulatory muscle and institutional pipes to make it stick. Just don't expect your landlord to accept rent payments in $PROPERTY any time soon—Wall Street's still figuring out how to tax that.

Multibank secures $3B real estate partnership

The first phase will build on Multibank.io’s $3 billion partnership with MAG Lifestyle Development, featuring projects such as Ritz-Carlton Residences and Keturah Reserve. Zak Taher, founder and CEO of MultiBank.io., stated that the platform will target up to $10 billion in on-chain assets.

“Tokenizing RWAs at scale demands robust infrastructure, uncompromising security, and strict adherence to industry standards. Fireblocks is the custody backbone behind our operations, while Mavryk’s blockchain brings speed and efficiency. Together, we’re opening $10 billion in property investment to a wider audience with full transparency,” Zak Taher, MultiBank.io.

Multibank.io recently launched its own crypto token, MBG. On July 22, the token launched on several crypto exchanges, including MexC, Gate.io, and Uniswap. After the exchange launch, the token briefly doubled in value, surging to $1.

The interest in the MBG token reflects a broader interest in RWA assets, which are currently one of the fastest-growing segments of the crypto market.