MultiBank Group’s crypto subsidiary, mb.io, has entered an institutional partnership to bring Ghana's Ashanti gold on-chain. The collaboration, announced on May 11, 2026, unites mb.io, Kings Orbis, EON3 Group Ghana Ltd, and Layer-1 blockchain Mavryk to create a physically-backed gold tokenization program.
The initiative will tokenize West African gold sourced by EON3, vaulted in Dubai under LBMA-approved custody, and issued via mb.io's regulated RWA marketplace. Mavryk serves as the dedicated Layer-1 infrastructure, providing compliance hooks and lifecycle controls. Senior representatives attended the World Peace Summit in Kumasi, where the Asantehene King Otumfuo Osei Tutu II endorsed the project, emphasizing its cultural significance.
Tokens will represent direct ownership of underlying gold, verified at every stage. Beyond commodity-grade gold, a curated collection of Gold Art will also be tokenized, honoring Ashanti heritage. mb.io, licensed by Dubai’s VARA, aims to make the 700-year legacy of the “Gold Coast” accessible in fractional, digital form to global investors. Executives from all parties highlighted the institutional-grade architecture, verified supply chains, and regulatory compliance as key pillars of the program.
