The Good Tech Companies - MultiBank Group Announces 7 Million $MBG Tokens Sold Out In Under One Hour During Initial Pre-Sale

Episode Date: July 15, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/multibank-group-announces-7-million-$mbg-tokens-sold-out-in-under-one-hour-during-initial-pre-sale. ... Priced at $0.35 per token, the initial allocation was completed rapidly. The team sees this outcome as reflecting the level of interest in tokenized products th Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #multibank.io, #chainwire, #press-release, #multibank.io-announcement, #blockchain-development, #crypto-exchange, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. MultiBank Group announced that its initial $MBG Token Pre-Sale concluded in under one hour, with 7 million tokens fully subscribed via MultiBank.io and Uniswap. The team sees this outcome as reflecting the level of interest in tokenized products that incorporate elements of asset backing and operational infrastructure. MultiBank Group will conduct a second and final $ MBG Token pre-sale on Friday, July 18, ahead of the scheduled Token Generation Event (TGE) on July 22.

Transcript
Discussion (0)
Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Multibank Group announces $7 million MBG tokens sold out in under one hour during initial presale by Chainwire. Hong Kong, PCR, July 15, 2025, Chainwire, Multibank Group, one of the most regulated provider of financial derivatives in the world, announced that its initial dollar MBG token presale concluded in under one hour, with 7 million tokens fully subscribed via multibank.io and Uniswap. Priced at 35 cents per token, the initial allocation was completed rapidly. The team sees this outcome as reflecting the level of interest in tokenized products that
Starting point is 00:00:42 incorporate elements of asset backing and operational infrastructure. Due to additional requests, Multibank Group will conduct a second and final dollar MBG token pre-sale on Friday, July 18, ahead of the scheduled token generation event, TGE, on July 22. This round will offer 3 million tokens at 35 cents and will be accessible through multibank.io and Uniswap. Commenting on the success of the pre-sale, Nasser Tahir, founder and chairman of Multibank Group, said, greater than, the sell-out of our initial dollar MBG token offering in less
Starting point is 00:01:17 than one hour is a greater than decisive validation of our vision. In a market saturated with speculation, the greater-than-response we received confirms that institutional-grade transparency, greater than regulatory integrity, and asset-backed value are what investors are now greater than demanding. Dollar MBG is here for the long term, reflecting the experience, greater than resources, and global reach that underpin everything we do at Multibank Group, greater than the market has spoken, and it has spoken with speed and conviction. According to Multibank Group, the $MBG token is supported by $29 billion in assets and linked to a broader operational framework that records $35 billion in daily turnover. The ecosystem supporting $MBG is anchored by its four pillars. Multibank TradFi reported $362 million in revenue in 2024 through global CFD trading operations.
Starting point is 00:02:11 MexExchange, an institutional-grade marketplace with a planned launch later in the year, projected at $23.7 billion. Multibank.IORWA, a platform focused on the tokenization of real-world assets, including $3 billion in ultra-luxury real estate. Multibank.io Extending into crypto derivatives alongside the token initiative. Together, these platforms will drive a $440 million buyback and burn initiative, reinforcing demand, ensuring a deflationary supply, and sustaining value growth for dollar MBG holders.
Starting point is 00:02:47 For more information, users can visit token.multibankgroup.com and follow Multibank Group on Telegram at t.me slash multibank underscore eo for updates. About Multibank Group Multibank Group, established in California, USA in 2005, is a global leader in financial derivatives. With over 2 million clients in 100-plus countries and a daily trading volume exceeding $35 billion, it offers a broad range of brokerage and is set management services. Renowned for innovative trading solutions, robust regulatory compliance, and exceptional customer service, the group is regulated by 17-plus top-tier financial authorities across five continents. Its award-winning platforms provide up to 500-to-1 leverage across forex, metals, shares, commodities, indices, and cryptocurrencies.
Starting point is 00:03:37 Multibank Group has received over 80 international awards for trading excellence and regulatory compliance. For more information, users can visit Multibank Group's website. Contact Mr. Nicholas Neophytou.Multibankgroup.Nicolas.Neophytou at multibankfx.com This story was published as a press release by Chainwire under Hacker Noon's business blogging program. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.