MultiBank Group announces $MBG buyback and burn plan, H1 revenue reaches $209 million
According to news from Hashchain, MultiBank Group has announced the launch of its $MBG token buyback and burn plan, aimed at enhancing the token's scarcity and increasing its long-term value. In the first half of 2025, the company's revenue was $209 million, a 20% increase compared to the same period last year, with a profit of $170 million. Since its launch on July 22, the price of $MBG has risen to seven times its issuance price. According to the plan, the buyback amount for the first year is expected to be $58.2 million, totaling $440 million over five years. The $MBG token supports MultiBank's four major ecosystems, including traditional finance, institutional-grade ECN, cryptocurrency trading platform, and RWA asset tokenization projects.