On July 9, 2025, MultiBank Group, the largest financial derivatives institution based in Dubai, announced the opening of the waitlist for its $MBG Token. This token aims to merge traditional finance with blockchain technology, with a presale scheduled for July 2025. Unlike typical speculative tokens, the $MBG Token is a next-generation utility token backed by $29 billion in tangible assets and boasts daily trading volumes over $35 billion as of April 2025. It is designed to create real revenue streams and enhance trust in the digital asset market. The token will support a $440 million buyback and burn initiative over four years, ensuring sustained demand and value for holders. MultiBank Group, licensed by over 17 regulators and with a flawless compliance record since 2005, emphasizes the credibility of this launch. Founder Naser Taher stated, “This is a transformative moment for the global financial ecosystem.” Interested users can join the waitlist at token.multibankgroup.com. Read more AI-generated news on: https://app.chaingpt.org/news