MultiBank.io Partners with Fireblocks and Mavryk to Launch $10B Real Estate Tokenization Platform

Key Points

1. MultiBank.io, the digital asset division of MultiBank Group, is launching a $10 billion real-world asset (RWA) tokenization initiative.

2. The first phase includes a $3 billion partnership with MAG Lifestyle Development, featuring projects like The Ritz-Carlton Residences and Keturah Reserve.

3. The collaboration involves Fireblocks for advanced security and Mavryk Network for blockchain infrastructure, enabling rapid settlement and compliance features like KYC.

4. MultiBank Group brings regulatory expertise with over 17 licenses and serves more than two million clients globally.

5. The initiative aims to make property investment more accessible by combining MultiBank Group's financial services with crypto-native platforms.