MultiBank Group, the world’s largest financial derivatives institution, has signed a landmark $3 billion real-world asset (RWA) tokenisation deal with UAE luxury real estate developer MAG and blockchain infrastructure provider Mavryk. The agreement represents the largest RWA tokenisation initiative to date, marking a significant step in the integration of blockchain technology with traditional finance and property investment.
$3 Billion in Luxury Real Estate to Be Tokenised
Under the agreement, MAG’s premium real estate portfolio — including developments such as The Ritz-Carlton Residences, Dubai Creekside, and Keturah Reserve — will be tokenised on MultiBank.io’s regulated marketplace. These assets will be converted into individual RWA tokens and made available to global investors through the Mavryk blockchain.
The tokenized treasuries market is rising. Source: RWA.xyz
Token holders will gain daily yield through the platform, which aims to enhance real estate accessibility and liquidity while offering income-generating opportunities. Talal Moafaq Al Gaddah, Senior Executive Vice Chairman of MAG, said the MBG token would serve as the ecosystem’s utility token, offering early property access, trading discounts, and a deflationary buyback-and-burn mechanism.
MultiBank to Oversee Governance and Compliance
In this three-party collaboration, MAG provides the real estate assets, Mavryk supplies the blockchain infrastructure and DeFi integration, while MultiBank Group ensures regulatory compliance, market liquidity, and platform governance. The MBG token sits at the centre of the system, enabling transactions, staking, tiered rewards, and platform fees.
Notably, tokenised real estate assets will have dual functionality: they can also be used as collateral for derivative trades within the MultiBank Group, effectively linking traditional finance tools with tokenised investment products.
MBG Token Powers the Ecosystem
The MBG token is designed to drive user engagement through various incentives such as VIP tiers and staking rewards. A buyback-and-burn model tied to platform revenue aims to maintain the token’s long-term value, appealing to both institutional and retail investors.
MultiBank plans to scale its tokenised offerings to over $10 billion, starting with this $3 billion tranche. The firm’s broader vision is to create a seamless, regulated gateway for high-value, income-generating real estate investments.
Growing Global Interest in RWA Tokenisation
This major announcement follows a recent filing by BlackRock to introduce blockchain-based shares for one of its money market funds. The asset management giant plans to use digital ledger technology to maintain a mirrored record of investor share ownership for its BLF Treasury Trust Fund, currently valued at over $150 million.
The renewed momentum in RWA tokenisation signals a growing appetite among global financial institutions to bridge traditional investment assets with blockchain-based systems, making them more accessible, transparent, and efficient for a broader investor base.
