【MultiBank, MAG and Mavryk Sign the World's Largest $3 Billion RWA Tokenization Agreement】According to Jinse Finance, the world's largest financial derivatives institution, MultiBank Group, headquartered in Dubai, has signed a $3 billion tokenization agreement for real-world assets (RWA) with UAE real estate giant MAG and blockchain infrastructure provider Mavryk. Under the agreement, MAG's ultra-luxury real estate projects, including The Ritz-Carlton Residences Dubai, Creekside, and Keturah Reserve, will achieve blockchain tokenization through MultiBank.io's regulated RWA market. Once tokenized, these assets will be accessible to global investors and will generate daily returns directly on the platform for holders. In this collaboration, MAG will provide its premium real estate portfolio for tokenization, Mavryk will handle blockchain issuance and DeFi integration, while MultiBank Group will manage regulatory compliance, liquidity, and governance, with the MBG token serving as the core of the system. The platform plans to expand the initial $3 billion tokenized asset scale to $10 billion.
