MultiBank, MAG and Mavryk partner for $3B RWA tokenization

Dubai-based MAG Group has partnered with Mavryk Network and MultiBank to launch a $3 billion real-world asset (RWA) tokenization project. According to Cointelegraph, the deal will tokenize MAG's luxury real estate on Mavryk’s blockchain, using MultiBank’s platform for global investor access. The MBG token will provide utility for the ecosystem, including trading discounts and early access to properties.