The initiative highlights the imminent launch of $MBG, the utility token at the core of MultiBank’s next-generation digital finance ecosystem.
MAG to Tokenize $3 Billion in Real Estate Assets in Landmark Deal
Dubai’s real estate market has maintained its strong momentum in 2025, with February property sales reaching AED 51.1 billion—a 39.91% increase in value compared to the same period last year.
In a historic move, MAG, a leading UAE real estate developer, has entered into a $3 billion tokenization agreement with MultiBank Group, the world’s largest financial derivatives institution based in Dubai, and Mavryk, a top blockchain innovator. This marks the largest real-world asset (RWA) tokenization initiative globally to date.
The partnership underscores the upcoming launch of $MBG, MultiBank’s utility token, which will serve as the backbone of its next-generation digital finance ecosystem.
Blockchain-Powered Real Estate Investment
Through this collaboration, MAG’s premium developments—The Ritz-Carlton Residences, Dubai, Creekside (part of Keturah Resort), and Keturah Reserve—will be tokenized and made available to global investors via MultiBank.io’s fully regulated RWA marketplace. Investors holding these RWA assets will earn daily yields distributed on the platform.
The $MBG token will facilitate access, staking, fee payments, and platform engagement, establishing itself as the foundation for institutional-grade digital asset offerings.
Strategic Roles in the Partnership
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MAG will provide high-value real estate assets for tokenization.
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Mavryk will deliver blockchain infrastructure for on-chain asset issuance and DeFi integration.
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MultiBank Group will ensure regulatory compliance, secondary market liquidity, and platform governance, reinforced by the $MBG token’s multi-layered utility.
Leadership Perspectives
Talal Moafaq Al Gaddah, Senior Executive Vice Chairman of MAG, stated:
“At MAG, we are committed to innovation and excellence in real estate. Partnering with MultiBank Group allows us to expand global access to premium developments while ensuring transparency and investor protection through blockchain technology.”
Zak Taher, Founder and CEO of MultiBank.io, said:
*”This is more than a real estate deal—it’s a flagship use case for the MBGtoken.Byenablingseamlessaccessto3 billion in tokenized property, MultiBank bridges traditional finance with next-generation investment infrastructure, making Web3 a reality.”*
Alex Davis, Founder and CEO of Mavryk, added:
“This collaboration revolutionizes real-world asset trading. Our advanced tokenization and DeFi infrastructure turn landmark properties into liquid, borderless investment opportunities, setting the stage for a transparent and scalable digital future.”
Sustainable Tokenomics & Future Growth
The $MBG token incorporates a buyback-and-burn model tied to platform revenues, along with staking rewards to encourage long-term engagement. Benefits include discounted fees, VIP tiers, launchpad access, and exposure to real-world assets—all designed to drive ecosystem demand.
The initial 3 billion tokenization is just the beginning, with the platform structured to scale up ton10 billion, ushering in a new era of programmable ownership and compliant digital investing, anchored by the $MBG token.
