- MAG partners with MultiBank Group and Mavryk to tokenize $3B worth of Dubai real estate through a regulated blockchain platform.
MAG has entered a landmark $3 billion agreement with MultiBank Group and blockchain firm Mavryk to tokenize premium real estate assets. This move is set to become the largest real-world asset (RWA) tokenization initiative globally.
The partnership will bring developments like The Ritz-Carlton Residences, Dubai, Creekside, and Keturah Reserve onto the blockchain through MultiBank.io regulated marketplace. Investors will gain global access and earn daily yield on tokenized assets.
The $MBG utility token will support staking, payments, and engagement on the platform, making it the backbone of MultiBank’s digital finance ecosystem.
