MultiBank Group Spends $440M to Burn Tokens and Reward Holders

Generated by AI AgentCoin World
Wednesday, Aug 20, 2025 7:56 am ET2min read
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Aime RobotAime Summary

- MultiBank Group launched a $440M token buyback/burn program to boost $MBG value after reporting $209M H1 2025 revenue and $170M profit.

- The initiative aims to remove tokens from circulation, with $58.2M allocated for year-one buybacks and $440M over five years.

- $MBG surged sevenfold since July 22 listing, supported by a four-pillar ecosystem spanning TradFi, crypto exchanges, and real estate tokenization.

- The program reflects MultiBank's growth strategy, leveraging 2M+ clients and 17+ global licenses to expand blockchain/DeFi infrastructure.

MultiBank Group has launched a strategic buyback and burn program for its $MBG Utility Token, following strong financial performance in the first half of 2025. The firm reported H1 2025 revenue of $209 million, a 20% year-on-year increase, and a profit of $170 million [1]. The program aims to repurchase and permanently remove $MBG tokens from circulation, enhancing scarcity and potentially increasing value for token holders [2].

The initiative projects up to $58.2 million in token buybacks within the first year, with a cumulative total of $440 million expected over the next five years [2]. The announcement coincided with the $MBG token’s rapid rise in value, having surged to seven times its listing price since its debut on July 22 across exchanges including MultiBank.io, MEXC, Gate.io, and

Uniswap
[1]. The Group described the move as a gesture of gratitude to its global client base and a celebration of its strong H1 results [1].

Naser Taher, Founder and Chairman of MultiBank Group, emphasized the company’s commitment to both traditional and digital finance. He noted that the rapid adoption of $MBG demonstrates the Group’s readiness to lead in digital assets and described the token burn program as the first step in a series of upcoming major announcements [1].

The $MBG token underpins MultiBank Group’s four-pillar ecosystem. MultiBank TradFi, the Group’s traditional CFD platform, generated $362 million in revenue in 2024 and allows users to access reduced fees and enhanced platform features with $MBG [1]. MEX Exchange, a $23.7 billion institutional-grade hybrid FX and crypto ECN for emerging markets, leverages $MBG to automate settlement, reduce counterparty risk, and support smart contract-based margin and delivery versus payment (DvP) [1].

MultiBank.io, the Group’s regulated crypto exchange, offers spot and leveraged trading and provides $MBG holders with reduced costs and additional utilities, including launchpad access, staking, and token participation opportunities [1]. The RWA division, built on Mavryk’s layer-1 blockchain, is part of a $3 billion real estate tokenization initiative with MAG Lifestyle Development and offers $MBG holders fee discounts and early access to projects [1].

The program reflects MultiBank Group’s broader growth trajectory, supported by a growing community of over 396,000 members on Telegram and more than 280,000 followers on X. With over 2 million clients, 17+ financial licenses across five continents, and a daily trading volume exceeding $35 billion, the Group is accelerating its blockchain and DeFi infrastructure to deliver additional value-driven initiatives in the months ahead [1].

MultiBank Group, established in 2005, is recognized as a global leader in financial derivatives, offering a broad range of brokerage and asset management services. The Group is regulated by 17+ top-tier financial authorities and has received over 80 international awards for trading excellence and compliance [1].

Source:

[1] Buyback and Burn of $MBG Unveiled as MultiBank Group Posts $209M H1 Revenue (https://www.ccn.com/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://finbold.com/buyback-and-burn-of-mbg-unveiled-as-multibank-group-posts-209m-h1-revenue/)