MultiBank Group launches the world's largest real-world asset (RWA) tokenisation initiative

The collaboration between the Dubai real estate developer, financial derivatives institution and blockchain innovator represents the largest real-world asset (RWA) tokenisation initiative globally to date.

Dubai real estate developer MAG, financial derivatives institution MultiBank Group and blockchain innovator Mavryk have joined forces to launch the largest RWA tokenisation initiative to date.

The partnership will bring MAG’s high-value real estate developments, The Ritz-Carlton Residences, Dubai, Creekside and Keturah Reserve, onto the blockchain, making them available to global investors via MultiBank.io’s fully regulated RWA marketplace.

MultiBank Group is a financial derivatives institution regulated by four international financial institutions and provides a global RWA tokenisation, liquidity and institutional investor network.

Mavryk is a blockchain innovator focused on developing advanced technology for seamless integration of on-chain and off-chain assets and liquidity.

The partnership will also see MultiBank Group launch its $MBG utility token, which will serve as the core of the next-generation digital finance ecosystem.

$MBG token will grant access, enable staking, facilitate fee payments and drive platform engagement, positioning it as the infrastructure layer behind institutional-grade digital asset offerings.

The token will be available for use in MultiBank.io’s ecosystem, which is designed to provide a secure and efficient environment for digital asset investing.

Moreover, the initiative will be fueled by Mavryk’s advanced blockchain technology, facilitating the tokenisation of real-world assets and the development of cutting-edge DeFi applications.

The partnership will create a unique investment opportunity for global investors, who will be able to gain exposure to a diversified portfolio of real-world assets through MultiBank.io’s platform.

As part of the agreement, MAG will provide its premium real estate inventory for tokenisation, while Mavryk will deliver the blockchain infrastructure to support on-chain asset issuance and DeFi integrations.

MultiBank Group will oversee regulatory compliance, secondary market liquidity and platform governance.

Talal Moafaq Al Gaddah, Senior Executive Vice Chairman of MAG, said: “At MAG, we have always been driven by excellence and a passion for shaping the property landscape of tomorrow.

“Partnering with MultiBank Group marks a milestone in broadening access to high-value developments and unlocking liquidity via blockchain. We look forward to seeing the successful integration of MAG’s premium real estate portfolio with MultiBank Group’s innovative technology.”

Zak Taher, Founder and CEO of MultiBank.io, said: “This isn’t just a real estate deal — it is a flagship use case for the $MBG token. By enabling seamless access to $3bn in tokenised property, MultiBank becomes the bridge between regulated finance and next-generation investment infrastructure.

“We are also proud to be working with Mavryk to develop the technology that will underpin this initiative.”