DUBAI’S $3B BLOCKCHAIN BREAKTHROUGH: MULTIBANK, MAG & MAVRYK TOKENIZE LUXURY REAL ESTATE
MultiBank, MAG, and Mavryk just teamed up for the world’s biggest real-world asset tokenization deal — $3 billion worth of ultra-luxury Dubai real estate is heading to the blockchain.
MAG brings the dream properties (think Ritz-Carlton levels of luxury), MultiBank handles the finance and compliance, and Mavryk powers the whole thing on-chain with serious blockchain infrastructure.
Investors worldwide will soon be able to own tokenized pieces of premium real estate, earn daily yield, and access perks through the MBG token — from early property access to trading discounts.
It’s a huge win for real estate, crypto, and anyone who thinks the future should be both digital and high-end.
Source: Cointelegraph
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