"MultiBank Group Pours $440M Into $MBG Buybacks, Burning Path to Higher Value"
MultiBank Group, a global leader in financial derivatives, has initiated a buyback and burn program for its $MBG Utility Token, following robust first-half financial performance. The company reported $209 million in revenue for the period, representing a 20% year-on-year increase, alongside a $170 million profit. This strategic move is designed to reduce token supply and enhance long-term value for $MBG holders [1]. The program projects up to $58.2 million in buybacks in the first year, with a cumulative target of $440 million over the next five years. The initiative, described as a token of appreciation to the Group’s global client base, aligns with the strong demand observed since $MBG's debut on platforms such as MultiBank.io, MEXC, Gate.io, and UniswapUNI-- [1].
Since its launch on July 22, $MBG has seen significant growth, reaching seven times its listing price and becoming one of the most closely followed tokens in the market. Naser Taher, Founder and Chairman of MultiBank Group, emphasized that the token burn program reflects the company's gratitude to its customers and reinforces its commitment to digital innovation. He noted that the firm has established a strong foundation in traditional finance and is now expanding its leadership into digital assets. Taher also hinted at upcoming major announcements, indicating that the buyback and burn initiative is only the beginning of a broader strategy to enhance value for stakeholders [1].
The $MBG Utility Token plays a central role in MultiBank’s four-pillar ecosystem, which includes traditional and digital financial services. MultiBank TradFi, the Group’s traditional CFD platform, generated $362 million in revenue last year and offers $MBG holders reduced fees and enhanced features. Meanwhile, MEX Exchange, an institutional-grade hybrid FX and crypto ECN, leverages $MBG to automate settlement processes, reduce counterparty risk, and facilitate smart contract-based transactions. MultiBank.io, a regulated crypto exchange, provides users with access to reduced trading costs, staking opportunities, and launchpad participation. The RWA division, which focuses on real-world asset tokenization, has already launched a $3 billion real estate initiative with MAG Lifestyle Development, offering $MBG holders fee discounts and early access [1].
The Group's community engagement has also seen substantial growth, with over 396,000 members on Telegram and more than 280,000 followers across X channels. MultiBank Group, which has been in operation since 2005, serves more than two million clients across 100+ countries and maintains a daily trading volume exceeding $35 billion. The firm holds 17+ financial licenses across five continents and has an unblemished compliance record since its inception. Its award-winning platforms offer up to 500:1 leverage across a range of asset classes, including Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies [1].
As the company accelerates the development of its blockchain and DeFi infrastructure, it aims to introduce more value-driven initiatives in the coming months. The buyback and burn program, scheduled to begin on August 27, 2025, is one of several measures aimed at strengthening token utility and driving demand. MultiBank Group's leadership in both traditional and digital finance positions it to continue expanding its influence in the global derivatives market while adapting to the evolving needs of its clients and token holders.
Source:
[1] Buyback and Burn of $MBG Unveiled as MultiBank Group Posts $209M H1 Revenue (https://www.morningstarMORN--.com/news/business-wire/20250820831539/buyback-and-burn-of-mbg-unveiled-as-multibank-group-posts-209m-h1-revenue)
[2] Buyback and Burn of $MBG Unveiled as MultiBank Group Posts $209M H1 Revenue (https://www.businesswire.com/news/home/20250820831539/en/Buyback-and-Burn-of-%24MBG-Unveiled-as-MultiBank-Group-Posts-%24209M-H1-Revenue)
[3] Buyback and Burn of $MBG Unveiled as MultiBank Group Posts $209M H1 Revenue (https://financialpost.com/pmn/business-wire-news-releases-pmn/buyback-and-burn-of-mbg-unveiled-as-multibank-group-posts-209m-h1-revenue)

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