Tag Archives: MAG

MAG SIGNS STRATEGIC PARTNERSHIP WITH MULTIBANK GROUP TO TOKENIZE  $3 BILLION REAL ESTATE ASSETS

  • The largest tokenization initiative of its kind comes ahead of the $MBG token launch, paving the way for regulated digital access to prime property assets

Dubai, UAE, 1 May 2025:  – 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 MultiBank’s next-generation digital finance ecosystem. 

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