Derivatives Heavyweight MultiBank Group Details Asset-Backed Token in Web3 Push

MultiBank Group is entering the cryptocurrency space with its newly listed native utility token, $MBG. The launch successfully took place on July 22. The move is notable due to the company having made its mark in traditional finance already.

MultiBank Group started its operation in California in 2005, and currently serves over 2 million clients across more than 100 countries through its 25 offices located globally. Its daily trading turnover exceeds $35 billion as of April 2025 and an annual trading volume was more than $4.5 trillion in 2024. The company’s combined asset value is 29B. Citing a debt-free balance sheet and audited 2024 revenues of $362 million, the group is now stepping into the crypto market.

What is the $MBG Token?

According to the project’s white paper, the $MBG token will function as a utility asset across a four-part ecosystem. This structure attempts to connect the company’s existing financial infrastructure with crypto-native platforms.

The four pillars include:

• MultiBank FX (TradFi): The Group’s core platform for traditional finance that offers access to over 20,000 stocks and 55 currency pairs, access to commodities and Forex markets.
• MEX Exchange: It is a planned institutional Electronic Communication Network (ECN) for both TradFi and crypto assets, which has been independently valued at $23.7 billion by Arthur D. Little. The project aims to become the first institutional crypto ECN by 2026 and projects it will handle over $460 billion in daily volume within five years.
• MultiBank.io: It is a regulated exchange for spot and derivatives crypto trading. It recently passed security audits, scoring a perfect 10/10 score from blockchain security auditor Hacken. UAE’s VARA and Australia’s AUSTRAC are some of the authorities regulating its operation.
• MultiBank.io RWA: It is a marketplace for tokenized real-world assets. It allows investors to enter premium real estate assets by spending a minimum amount of $50.

The $MBG token’s use cases are conventional. Users will leverage it for paying for transaction fees, staking and accessing user rewards. MBG token’s tokenomics is deflationary due to the inclusion of a buyback-and-burn program funded by platform revenues. The long-term goal here is to reduce up to 50% of the total token supply from circulation.

$3 Billion Push into Real-World Assets

The current RWA sector has grown 17% to $14 billion in April 2025, and this is the market Multibank is trying to enter. This move is solidified by a recently signed $3 billion agreement with UAE-based real estate giant MAG and blockchain infrastructure firm Mavryk to tokenize a portfolio of ultra-luxury real estate.

The properties, which include The Ritz-Carlton Residences, Dubai, Creekside, and Keturah Reserve, will be offered as fractional investments on the MultiBank.io RWA platform. Talal Moafaq Al Gaddah, senior executive vice chairman of MAG, emphasized the token’s importance in the deal, stating that “the $MBG token provides ecosystem utility, including trading discounts, early access to properties, and a deflationary buyback-and-burn model.”

The regulatory legacy of Multibank

In its communications, MultiBank Group has placed significant emphasis on its regulatory background, drawing a contrast with the often-unregulated nature of the crypto space. Currently, the firm holds 17 financial regulatory licenses across multiple jurisdictions, including Australia’s ASIC, Germany’s BaFin, and Cyprus’ CySEC.

According to MultiBank.io CEO Zak Taher, the company’s strategy is to apply its experience from regulated markets directly to Web3. “Our approach is to build on a foundation of compliance and trust,” he commented, referencing the group’s established history.