The Good Tech Companies - MultiBank Group To Tokenize $3 Billion In Real Estate Assets With MAG As It Readies To launch $MBG

Episode Date: May 6, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/multibank-group-to-tokenize-$3-billion-in-real-estate-assets-with-mag-as-it-readies-to-launch-$mbg. ... The initiative highlights the imminent launch of $MBG, the utility token at the core of MultiBank’s next-generation digital finance ecosystem. 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, #tokenization-of-rwas, #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, the world’s largest financial derivatives institution, has signed a historic $3 billion tokenization agreement. The partnership will bring MAG’S high-value real estate developments onto the blockchain, making them available to global investors via MultiBank.io. The initiative highlights the imminent launch of $MBG, the utility token at the core of MultiBank's next-generation digital finance ecosystem.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Multibank Group to Tokenize $3 Billion in Real Estate Assets with MAG as it readies to launch $MBG, by Chainwire. Dubai, UAE, May 6, 2025, Chainwire, asterisk Multibank Group, the world's largest financial derivatives institution, has signed a historic $3 billion tokenization agreement MAG Lifestyle Development, the leading real estate developer in the UAE, and Maverick, a leading blockchain innovator, marking the largest real-world asset, RWA, tokenization initiative globally to date. The initiative highlights the imminent launch of Dollar MBG, the utility token at the core of Multibank's next-generation digital finance ecosystem.
Starting point is 00:00:48 The partnership will bring MAG's high-value real estate developments, the Ritz-Carlton Residences, Dubai, Creekside, which is part of the Keturah Resort, and Keturah Reserve, onto the blockchain, making them available to global investors via Multibank. IOs fully regulated RWA marketplace. Once launched, holders of the RWA assets will be able to earn yield distributed daily on the multibank. I.O. platform, the $MBG token will power access, staking, fee payments, and platform engagement, positioning it as the infrastructure layer behind institutional-grade digital asset offerings.
Starting point is 00:01:25 As part of the agreement, MAG will provide its premium real estate inventory for tokenization, while Maverick will deliver the blockchain infrastructure to support and chain asset issuance and defy integrations. Multibank Group will oversee regulatory compliance, secondary market liquidity, and platform governance, all reinforced by the $MBG token's multi-layered utility. Greater than, this isn't just a real estate deal, it is a flagship use case for the $MBG greater than token. By enabling seamless access to $3 billion in tokenized property, multibank greater than becomes the bridge between regulated finance and next-generation
Starting point is 00:02:03 investment greater than infrastructure. This is how we make Web3 real," said Zak Tahir, founder and greater than CEO of Multibank. EO, greater than Talal Al Gada, senior executive vice chairman of MAG, said, At MAG, we have greater than always been driven by excellence and a passion for shaping the property greater than landscape of tomorrow. Partnering with Multibank Group marks a milestone property greater than landscape of tomorrow. Partnering with Multibank Group marks a milestone in greater than broadening access to high-value developments and unlocking liquidity via greater than blockchain, while preserving in compromising
Starting point is 00:02:34 standards of transparency and greater than stakeholder protection. Greater than Alex Davis, founder and CEO of Maverick, commented, this collaboration greater than represents a paradigm shift in how real-world assets are accessed and traded. Greater than by leveraging our advanced tokenization and DeFi infrastructure, we are greater than transforming landmark developments into borderless, liquid investment greater than opportunities. Together with MAG and Multibank Group, we are laying the greater than technological foundation for a transparent, scalable future where greater than institutional grade assets are available at the click of a button. With a buyback
Starting point is 00:03:10 and burn model tied to platform revenues and staking rewards designed to incentivize long-term engagement, Multibank Group provides tangible value for both retail and institutional users. From discounted fees and VIP tiers to Launchpad access and real-world asset exposure, the $MBG token is engineered to reward participation and drive ecosystem demand. The initial tokenization of $3 billion is just the beginning. The platform is built to scale up to $10 billion in assets, setting the stage for a new era of programmable ownership and compliant digital investing. With $MBG at its foundation legal disclaimer the Ritz-Carlton Residences, Dubai, Creekside, are not owned, developed, or sold be the Ritz-Carlton Hotel Company, LLC or its affiliates, Ritz-Carlton.
Starting point is 00:03:57 MAGOF Life FZ LLC uses the Ritz-Carlton marks under a license from Ritz-Carlton, which has not confirmed the accuracy of any of the statements or representations made herein. About MAGMAG, is the real estate development arm of MAG Group, a multinational conglomerate based in the UAE, with a 46-year-old legacy. MAG was established in 2003 and its current real estate portfolio ranges from iconic residential tower sand communities to ultra-luxury developments that incorporate bio- living and wellness-focused concepts, which are considered firsts in the region. With a commitment to excellence, MAG continues to shape the future of urban
Starting point is 00:04:35 living, delivering transformative projects that enhance lifestyles and communities. About Multibank Group-Multibank Group, established in California, USA in 2005, is a global leader in financial derivatives, serving over 2 million clients across 100 countries, and boasts a trading volume that exceeds $35 billion per day during the first four days in April 2025. Renowned for its innovative trading solutions, robust regulatory compliance, and exceptional customer service, the group offers an array of brokerage services and asset management solutions.
Starting point is 00:05:10 It is regulated across five continents by 17 of the most reputable financial authorities globally. The group's award-winning trading platforms offer up to 500 to 1 leverage on a diverse range of products, including forex, metals, shares, commodities, indices, and cryptocurrencies. Multibank Group has received over 70 financial awards recognizing its trading excellence and regulatory compliance. For more information, users can visit Multibank Group's website. About Maverick Maverick is the layer-1 blockchain designed to revolutionize asset ownership and nurture the RWA community, building the tokenization of assets for tomorrow.
Starting point is 00:05:49 By leveraging RWA tokenization, DeFi applications, and robust infrastructure, Maverick aims to transform how individuals interact with and leverage tokenized assets. Our vision is to create an interconnected network economy through the seamless integration of raw with defy. Contact Nasir Simonasir at CBPR.me Tip This story was published as a press release by Chainwire under Hacker Noon's business blogging program. End Thank you for listening to this Hacker Noon story, read by Artificial Intelligence.
Starting point is 00:06:20 Visit HackerNoon.com to read, write, learn and publish.

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