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Cryptocurrency News Articles

MultiBank Group Launches Digital Asset Platform MultiBank.io and Ethereum-based Utility Token $MBG

May 21, 2025 at 07:30 pm

MultiBank Group, known globally as the largest regulated financial derivatives institution, is entering a new chapter with the launch of its digital asset platform, MultiBank.io

MultiBank Group, renowned globally as the largest regulated financial derivatives institution, is embarking on a new chapter with the launch of its digital asset platform, MultiBank.io, and its Ethereum-based utility token, $MBG.

MultiBank Group is one of the few entities in the world with both the regulatory credentials and infrastructure to serve both retail and institutional users—and now, to offer them access to compliant, utility-driven crypto products.

The Group’s upcoming token, $MBG, launches with real utility from day one, including the ability to:

These features offer a direct value proposition to existing MultiBank clients who already trade FX, metals, indices, and commodities across the Group’s platforms. Now, they can extend that activity into Web3, with the same levels of compliance, transparency, and customer protection they’ve come to expect.

“The $MBG token is a natural extension of what we already offer—but with more flexibility, digital incentives, and seamless integration,” said Zak Taher, CEO of MultiBank.io. “This isn’t a shift away from TradFi—it’s an expansion of it.”

In addition to spot and derivatives trading with leverage up to 125x, MultiBank.io also offers on- and off-ramp support for AED, EUR, and USD, giving users in both emerging and mature markets easy access to regulated digital asset trading.

More details here…

With the Token Generation Event (TGE) scheduled for June 2024, MBG will first launch on a centralized exchange, before becoming available on MultiBank.io. The token’s deflationary design is backed by a planned $58.2 million buyback and burn in its first year, with a cumulative target of up to 50% of supply removed over four years.

As MultiBank brings its existing client base into the crypto economy, it does so with a product that’s rooted in compliance, backed by real infrastructure, and designed to scale across both retail and institutional finance.

Disclaimer:info@kdj.com

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Other articles published on May 22, 2025