On July 23, 2025, MultiBank.io, the digital asset division of MultiBank Group, announced a partnership with institutional crypto custodian Fireblocks and blockchain infrastructure provider Mavryk to launch a real estate tokenization initiative targeting $10 billion in on-chain assets. The platform will operate as a regulated marketplace, enabling fractional ownership of high-value properties—including flagship projects like The Ritz-Carlton Residences and Keturah Reserve under a $3 billion collaboration with MAG Lifestyle Development—with entry investments as low as $50 using fiat or cryptocurrency.
Fireblocks will provide institutional-grade custody and tokenization services, while Mavryk's blockchain infrastructure handles smart contracts, KYC/AML compliance, and DeFi protocol integrations. MultiBank Group oversees regulatory compliance and secondary market liquidity, leveraging its 17+ global licenses and over 2 million clients. Zak Taher, CEO of MultiBank.io, emphasized the partnership’s role in democratizing real estate access: "Tokenizing RWAs at scale demands robust infrastructure, uncompromising security, and strict adherence to industry standards."
The initiative builds on the recent launch of MultiBank.io’s native token, MBG, which surged to $1 following its July 22 debut on exchanges including MexC, Gate.io, and Uniswap. The project aims to position MultiBank.io as a leader in the rapidly expanding RWA market, which is seeing intensifying competition among institutional players.
BTC
SOL
LTC
HBAR
MASK
POLY
USDT
USDC
RIVER
BNB