MultiBank, MAG, Mavryk ink world’s largest $3B RWA tokenization deal
MultiBank Group has signed a $3 billion real-world asset (RWA) tokenization agreement with MAG and Mavryk, marking the largest RWA tokenization initiative globally. This partnership will tokenize MAG’s luxury real estate projects, including The Ritz-Carlton Residences and Keturah Reserve, on MultiBank.io’s regulated marketplace. Tokenized assets will be accessible to global investors and generate daily yields. The MBG token will provide ecosystem utility, including trading discounts and access to properties, and will feature a buyback-and-burn model. Mavryk will manage blockchain issuance, while MultiBank will oversee regulatory compliance and governance. The platform aims to scale tokenized assets from $3 billion to $10 billion, focusing on high-value, income-generating real estate.
