MultiBank, MAG, Mavryk Partner for $3B Real Estate Tokenization

MultiBank Group, a prominent financial derivatives institution, has entered into a significant $3 billion tokenization agreement with MAG Lifestyle Development, a leading real estate developer in the UAE, and Mavryk, a pioneering blockchain innovator. This collaboration marks the largest real-world asset (RWA) tokenization initiative globally to date and underscores the imminent launch of $MBG, the utility token central to MultiBank’s advanced digital finance ecosystem.

The partnership aims to bring MAG’s high-value real estate developments, including The Ritz-Carlton Residences, Dubai, Creekside, and Keturah Reserve, onto the blockchain. These assets will be made available to global investors through MultiBank.io’s fully regulated RWA marketplace. Once launched, holders of these RWA assets will be able to earn yield distributed daily on the MultiBank.io platform.

The $MBG token will serve as the backbone of the ecosystem, facilitating access, staking, fee payments, and platform engagement. This positions $MBG as the infrastructure layer behind institutional-grade digital asset offerings. MAG will provide its premium real estate inventory for tokenization, while Mavryk will deliver the blockchain infrastructure to support on-chain asset issuance and DeFi integrations. MultiBank Group will oversee regulatory compliance, secondary market liquidity, and platform governance, all reinforced by the $MBG token’s multi-layered utility.

Zak Taher, Founder and CEO of MultiBank.io, emphasized the significance of this initiative, stating, “This isn’t just a real estate deal — it is a flagship use case for the $MBG token. By enabling seamless access to $3B in tokenized property, MultiBank becomes the bridge between regulated finance and next-generation investment infrastructure. This is how we make Web3 real.”

Talal Al Gaddah, Senior Executive Vice Chairman of MAG, highlighted the strategic importance of the partnership, saying, “At MAG, we have always been driven by excellence and a passion for shaping the property landscape of tomorrow. Partnering with MultiBank Group marks a milestone in broadening access to high-value developments and unlocking liquidity via blockchain, while preserving uncompromising standards of transparency and stakeholder protection.”

Alex Davis, Founder and CEO of Mavryk, commented on the transformative potential of the collaboration, noting, “This collaboration represents a paradigm shift in how real-world assets are accessed and traded. By leveraging our advanced tokenization and DeFi infrastructure, we are transforming landmark developments into borderless, liquid investment opportunities. Together with MAG and MultiBank Group, we are laying the technological foundation for a transparent, scalable future where institutional-grade assets are available at the click of a button.”

MultiBank Group’s buyback-and-burn model, tied to platform revenues, and staking rewards designed to incentivize long-term engagement, provide tangible value for both retail and institutional users. From discounted fees and VIP tiers to launchpad access and real-world asset exposure, the $MBG token is engineered to reward participation and drive ecosystem demand.

The initial tokenization of $3 billion is just the beginning. The platform is built to scale up to $10 billion in assets, setting the stage for a new era of programmable ownership and compliant digital investing — with $MBG at its foundation. This initiative not only highlights the potential of blockchain technology in real estate but also underscores the growing trend of tokenizing real-world assets to enhance liquidity and accessibility for global investors.