"This isn't just a real estate deal - it is a flagship use case for the $MBG token. By enabling seamless access to $3B in tokenized property, MultiBank becomes the bridge between regulated finance and next-generation investment infrastructure. This is how we make Web3 real."
"At MAG, we have always been driven by excellence and a passion for shaping the property landscape of tomorrow. Partnering with MultiBank allows us to elevate our offerings and reach a global investment community."
MultiBank Group has partnered with MAG Lifestyle Development and Mavryk to launch a $3 billion tokenization initiative, making it the largest in the real estate sector to date. This partnership aims to tokenize high-value properties in Dubai like The Ritz-Carlton Residences and Keturah Reserve, offering global investors the opportunity to engage through MultiBank's regulated marketplace. The $MBG token will serve as the backbone for various digital finance activities, including staking and fee payments, emphasizing the integration of traditional finance with innovative blockchain solutions.
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