$3B in Dubai Real Estate Goes On-Chain as $MBG Token Set to Launch
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
MultiBank Group is taking a bold step into the future of digital finance with the tokenization of $3 billion worth of premium UAE real estate. Partnering with MAG, a top-tier developer, and Mavryk, a blockchain infrastructure firm, MultiBank is turning exclusive properties like The Ritz-Carlton Residences and Keturah Reserve into tokenized assets on its regulated RWA (Real World Asset) marketplace — MultiBank.io .
This is the largest real estate tokenization initiative in the world to date, and it signals the launch of MultiBank’s native utility token, $MBG. The token will play a central role in staking, governance, fees, and daily yield distribution for holders.
Zak Taher, CEO of MultiBank.io , summed it up:
“This isn’t just a real estate deal — it’s how we bring $3B worth of prime property to Web3.”
How the $MBG Token Unlocks Real Estate Access
At the heart of this ecosystem is the $MBG token, designed to streamline everything from platform access to secondary trading. Backed by real income from real-world assets, $MBG goes beyond hype by integrating real yield, utility, and governance.
Here’s how the token works:
-
Access: $MBG unlocks tokenized properties on MultiBank.io
-
Staking: Users earn yield from RWA-backed assets
-
Discounts: Token holders benefit from reduced fees
-
Engagement: VIP tiers and launchpad perks boost user activity
The platform also includes a buyback-and-burn mechanism tied to revenue, creating sustained demand and deflationary pressure on the token.
A Blueprint for the Future of Digital Ownership
This three-way partnership isn’t just about crypto—it’s about reshaping how traditional assets are traded and owned. MAG brings the properties, Mavryk provides the blockchain rails, and MultiBank ensures everything runs within a compliant, regulated framework.
Talal Al Gaddah of MAG added:
“We’re unlocking liquidity in real estate while maintaining our standard of transparency.”
Alex Davis, CEO of Mavryk, emphasized scalability:
“We’re turning iconic real estate into globally accessible investment products.”
MultiBank’s roadmap extends beyond the initial $3 billion. With infrastructure built to scale to $10 billion in tokenized assets, this is a play for global leadership in compliant digital investing.