"MultiBank's $MBG Burn Marks New Era in Digital Finance"

Generated by AI AgentCoin World
Wednesday, Aug 20, 2025 8:55 am ET1min read
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Aime RobotAime Summary

- MultiBank Group launched a $440M 5-year $MBG buyback/burn plan in August 2025 to boost token scarcity and value.

- The program follows H1 2025 results showing $209M revenue (+20% YoY) and $170M profit, with $MBG surging sevenfold post-launch.

- $MBG powers four ecosystem pillars including CFDs, crypto ECNs, and RWA tokenization, supported by 396K+ Telegram community and 280K+ X followers.

- Founder Naser Taher emphasized digital asset leadership, with the Group operating in 17+ jurisdictions and maintaining 19+ year compliance record.

MultiBank Group, a leading player in the global financial derivatives market, announced a strategic buyback and burn program for its $MBG Utility Token in mid-August 2025. The initiative follows the firm’s strong first-half performance, which saw $209 million in revenue and $170 million in profit, reflecting a 20% year-on-year increase in revenue. The buyback program aims to enhance token scarcity and drive long-term value for $MBG holders, aligning with the Group’s broader digital expansion plans.

$MBG, which launched on July 22 on platforms such as MultiBank.io, MEXC, Gate.io, and

Uniswap
, has surged to seven times its listing price and gained significant global attention. The buyback and burn framework outlines projected repurchases of up to $58.2 million in the first year, with a cumulative target of $440 million over five years. The Group emphasized that the initiative is a thank-you to its client base and a strategic move to reinforce token utility and scarcity.

Naser Taher, Founder and Chairman of MultiBank Group, stated that the token burn program marks the beginning of broader digital asset initiatives. “We’ve established a solid foundation in traditional finance, and the rapid adoption of $MBG proves we’re equally ready to lead in digital assets,” Taher said. The Group also highlighted that the $MBG token powers four key pillars of its ecosystem, including traditional CFD services, institutional-grade hybrid FX and crypto ECNs, a regulated crypto exchange, and a real-world asset (RWA) tokenization platform.

The $MBG token enables fee discounts, launchpad access, staking, and participation in RWA projects. These utilities are supported by MultiBank’s expanding digital infrastructure, which includes a growing community of over 396,000 members on Telegram and 280,000 followers on X. The Group operates in 17+ jurisdictions across five continents, maintaining an unblemished compliance record since 2005 and serving over two million clients worldwide.

MultiBank Group’s broader financial performance further underscores its robust position in the market. With daily trading volumes exceeding $35 billion and over 80 international awards for excellence in trading and compliance, the firm has positioned itself as a key player in both traditional and digital financial markets. The $MBG buyback and burn program is expected to further strengthen its tokenomics and align with its ongoing digital transformation.

Source:

[1] Buyback and Burn of $MBG Unveiled as MultiBank Group Posts $209M H1 Revenue (https://chainwire.org/2025/08/20/buyback-and-burn-of-mbg-unveiled-as-multibank-group-posts-209m-h1-revenue/)

[2] Official: $MBG Buyback and Burn on 27 August 2025 We will repurchase $MBG and permanently remove tokens from circulation (https://www.facebook.com/MultibankGroupPhilippines/videos/official-mbg-buyback-and-burn-on-27-august-2025-we-will-repurchase-mbg-and-perma/4127273717417775/)

[3] Best Crypto to Buy Right Now (https://99bitcoins.com/cryptocurrency/best-crypto-to-buy/)