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Global derivatives company Multibank Group has announced plans to list its $MBG token on two major crypto exchanges, Gate.io and MEXC, during its official token generation event (TGE).
The event, scheduled for 22 July, will add Gate.io and MEXC to the list of exchanges that have listed the token, alongside Multibank.io and Uniswap. The listing will make the token available to millions of users on these exchanges, allowing them to buy and trade seamlessly.
Multibank Group is holding its TGE following two successful presale rounds. The company issued 7 million $MBG in round one, and 3 million $MBG in round two, both of which sold out within minutes.
Naser Taher, Chairman and Founder of MultiBank Group, said
 
“With $MBG, we’re introducing a utility token built to deliver real-world value, transparency, and long-term trust. This is a major step in our mission to merge traditional finance with blockchain on a global scale”.
Engineered to deliver real utility, transparency, and institutional-grade credibility, $MBG is backed by $29 billion in real assets across MultiBank Group’s four pillars, one of which is a groundbreaking Real-World Asset (RWA) tokenization initiative that launched with $3 billion in luxury real estate in partnership with MAG and is set to scale to $10 billion.
This initiative is also integrated into a robust financial ecosystem boasting over $35 billion in daily trading volume, making it a key support for the token.
MultiBank Group was established in California, USA, in 2005, and has grown to become a global leader in financial derivatives. It offers a broad range of brokerage and asset management services to over 2 million clients in 100+ countries with a daily trading volume exceeding $35 billion.
The company is regulated by over 17 top-tier financial authorities across five continents, making it a provider of innovative trading solutions with robust regulatory compliance and exceptional customer service.
Multibank also provides access to multiple assets, offering up to 500:1 leverage for trading Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies across its different platforms.
Source: https://zycrypto.com/multibank-group-announces-mbg-token-listing-on-mexc-and-gate-io-during-its-token-generation-event-tge/