US EditionMAG Signs Strategic Partnership with MultiBank Group to Tokenize $3 Billion Real Estate Assets
- On May 6, 2025, MAG, MultiBank Group, and Mavryk signed a $3 billion agreement in Dubai to tokenize MAG's real estate assets on blockchain.
- The deal stems from growing interest in real-world asset tokenization and aims to leverage MultiBank’s regulatory expertise and Mavryk’s blockchain infrastructure.
- The tokenization covers MAG’s ultra-luxury developments like The Ritz-Carlton Residences, Creekside, and Keturah Reserve, making them accessible globally via MultiBank.io’s regulated marketplace.
- Talal Al Gaddah emphasized MAG’s commitment to high standards and innovation in transforming the future of real estate, while Alex Davis described the partnership as a groundbreaking change in how tangible assets are accessed and traded.
- The partnership establishes $MBG as the core utility token powering access, staking, and governance, setting a foundation for scalable, compliant digital investing up to $10 billion in assets.
43 Articles
43 Articles
DUBAI, United Arab Emirates--(BUSINESS WIRE)--May 1, 2025-
Financial Post
MAG Signs Strategic Partnership with MultiBank Group to Tokenize $3 Billion Real Estate Assets
DUBAI, United Arab Emirates -- MAG, the leading real estate developer in the UAE has signed a historic $3 billion tokenization agreement with MultiBank Group, the world’s largest financial derivatives institution based in Dubai, and Mavryk, a leading blockchain innovator — marking the largest real-world asset (RWA) tokenization initiative globally to date. The initiative highlights the imminent launch of $MBG, the utility token at the core of Mu…
How Mavryk Beat Mantra to Monster $3B RWA Tokenization Deal
The post How Mavryk Beat Mantra to Monster $3B RWA Tokenization Deal appeared first on Coinpedia Fintech News This is the story of how Mantra secured a lucrative RWA tokenization deal – and then lost it. Worth a reported $500M when it was unveiled to great fanfare a year ago, the news was followed by radio silence from its signatories. Then, seemingly out of nowhere, the deal resurfaced this year. But this time it had been awarded to a different…
MultiBank Group Signs $3 Billion Tokenization Agreement with MAG as it Prepares to Launch $MBG
In a significant development poised to reshape digifi, MultiBank Group, recognized as the world’s largest derivatives provider, has launched a groundbreaking partnership to tokenize $3 billion worth of real estate assets. MultiBank Group has partnered with UAE-based developer MAG Lifestyle Development and blockchain technology firm Mavryk, marking what is believed to be the largest real-world asset (RWA) tokenization project ever undertaken. Th…
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