MultiBank Group Sells 7 Million $MBG Tokens in Under an Hour

MultiBank Group, a leading derivatives provider, has achieved a significant milestone by selling 7 million $MBG tokens in under an hour during its initial presale event. The tokens were priced at $0.35 each and were fully subscribed through MultiBank.io and Uniswap, indicating a high level of interest in tokenized products that incorporate asset backing and operational infrastructure.

The MultiBank Group team views this rapid sell-out as a reflection of the growing demand for such products. The company has announced plans for a second and final $MBG Token Pre-Sale on July 18, ahead of the scheduled Token Generation Event (TGE) on July 22. This round will offer 3 million tokens at the same price point and will be accessible through the same platforms.

The $MBG token is supported by $29 billion in assets and is linked to a broader operational framework that records $35 billion in daily turnover. The ecosystem supporting $MBG is anchored by four pillars: MultiBank TradFi, MEX Exchange, MultiBank.io RWA, and MultiBank.io. These platforms will drive a $440 million buyback and burn initiative, reinforcing demand, ensuring a deflationary supply, and sustaining value growth for $MBG holders.

Naser Taher, the Founder and Chairman of MultiBank Group, commented on the milestone, stating that the sell-out of the initial $MBG Token offering in less than an hour is a decisive validation of the company's vision. He emphasized that in a market saturated with speculation, the response received confirms that institutional-grade transparency, regulatory integrity, and asset-backed value are what investors are now demanding. Taher also highlighted that $MBG is positioned for the long term, reflecting the experience, resources, and global reach that underpin everything MultiBank Group does.

The success of the pre-sale event underscores the growing interest and confidence in the $MBG token and the broader ecosystem of MultiBank Group. The company's strong reputation in the financial services industry, the unique benefits and utilities of the $MBG token, and effective marketing efforts all contributed to the rapid sale of 7 million tokens. This achievement is a positive indicator for the future of MultiBank Group, suggesting that the company is well-positioned to continue its growth trajectory and expand its offerings in the financial services sector.

The funds raised from the pre-sale event will likely be used to further develop the $MBG token and enhance the overall ecosystem, providing even more value to investors and users. As MultiBank Group continues to innovate and expand its offerings, it is poised to play a leading role in shaping the future of finance. The company's commitment to transparency, regulatory integrity, and asset-backed value positions it as a trusted player in the financial services industry, capable of meeting the evolving needs of investors in the digital age.