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

MultiBank Group, a global financial derivatives institution with a 20-year history, is making a move into the cryptocurrency space. To do this, it has listed its native utility token, $MBG. The launch successfully took place on July 22. The move is notable due to the sheer scale of the company’s traditional operations. Founded in California in 2005, the firm serves over 2 million clients across more than 100 countries and operates through more than 25 offices globally. It reports a daily trading turnover that exceeded $35 billion as of April 2025 and an annual trading volume that surpassed $4.5 trillion in 2024, with 29B combined asset value. Citing a debt-free balance sheet and audited 2024 revenues of $362 million, the group is now stepping into the volatile crypto market, aiming to build a new, regulated ecosystem from the ground up. 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 established platform for traditional finance, offering access to over 20,000 stocks and 55 currency pairs, access to commodities and Forex markets. MEX Exchange: 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: A regulated exchange for spot and derivatives crypto trading, which has passed security audits with a perfect 10/10 score from blockchain security auditor Hacken. It is regulated by authorities, including the UAE’s VARA and Australia’s AUSTRAC. MultiBank.io RWA: A marketplace for tokenized real-world assets. The platform aims to democratize access to previously illiquid markets, allowing investors to enter premium real estate assets with as little as $50. The $MBG token will be used for practical functions like paying for transaction fees, staking and accessing user rewards. Its tokenomics include a deflationary buyback-and-burn program funded by platform revenues, with a long-term goal of removing up to 50% of the total token supply from circulation. $3 Billion Push into Real-World Assets The group’s timing taps into a surging market interest in real-world asset (RWA) tokenization, a sector that reportedly grew 17% to $14 billion in April 2025. 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. The firm holds 17 financial regulatory licenses across jurisdictions like Australia’s ASIC, Germany’s BaFin, and Cyprus’ CySEC and has maintained an unblemished compliance record since 2005. This emphasis on a regulated framework directly addresses persistent issues that have hindered wider crypto adoption by traditional financial players, such as the lack of institutional trust and high counterparty risks. 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. This focus on a regulated framework appears central to the company’s bid for legitimacy and success in the competitive crypto market. The industry will be watching the launch to see if this traditional, compliance-first approach can carve out a significant space in the world of decentralized finance. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.