MultiBank Group's MBG Token Pre-Sale Sells Out in One Hour Raising $2.45 Million

MultiBank Group has successfully completed the first phase of its MBG token pre-sale, with all 7 million tokens being claimed within an hour. The tokens were purchased through the company’s central platform and Uniswap, priced at $0.35 per token, raising approximately $2.45 million. This rapid sell-out underscores the strong demand and investor confidence in MultiBank Group's initiatives, marking a significant moment in Web3 capital formation from a global traditional finance institution with a 20-year operating history.

MultiBank Group is regulated in five continents and handles $35 billion in daily trading volume, with over $29 billion in managed assets. The MBG token will serve as a utility token within the group’s digital ecosystem, offering trading discounts, staking rewards, access to loyalty benefits, and early product features. It will also provide access to the company’s $3 billion tokenized real estate initiative in Dubai. Naser Taher, Chairman of MultiBank Group, described the sale as “a vote of confidence in a token that is designed for long-term users, not for speculators.”

The token economics include a $440 million buyback and burn program funded by platform revenues, aiming to align token value with ongoing usage. A second pre-sale round is scheduled for July 18, followed by the token generation event on July 22. This launch is expected to represent the full rollout of MBG’s utility framework, allowing early adopters to stake their tokens for yield, utilize loyalty features, and access MultiBank’s upcoming product suite.

Observers note that the strong demand may reflect a broader sentiment shift toward RWA-backed tokens, anchored to tangible assets like real estate or commodities. While many tokens promise utility, few are backed by a real operating company with licensed financial operations on five continents. This sets MBG apart in a market still recovering from reputational hits in previous cycles. The token generation event is expected to coincide with MultiBank’s unveiling of new trading interface upgrades and dashboard tools built for both retail and institutional users, focusing on user experience, regulatory compliance, and integrated token incentives.

MBG’s early momentum suggests growing demand for tokens tied to operational platforms and established financial frameworks rather than purely speculative launches. Industry analysts note that while previous bull runs were driven largely by meme tokens or hype cycles, the current trend points toward infrastructure and asset-backed innovation. MBG straddles both ends of that shift, offering both DeFi-like utility and ties to a compliant financial institution, positioning it uniquely as Web3 matures and seeks to regain trust after years of volatility.

The next major milestone for MultiBank’s token roadmap is its integration into the broader MultiBank Exchange (MEX) infrastructure. If execution matches expectations, MBG could serve not just as a discount mechanism or yield tool, but as a default utility token across a full-service crypto-tradfi exchange. With the second pre-sale round now officially announced and the TGE approaching, MBG will be one of the most closely watched launches of the summer.