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Amid the growing evolution of the broad crypto ecosystem, Mavryk Network, a layer-1 blockchain powering the tokenization of over $10 billion in real-world assets (RWAs), has disclosed plans to launch its mainnet token officially.
According to an official announcement today, the project’s native mainnet token, $MVRK, will be going live on leading global exchange MEXC at an initial price of $0.10. The launch date has been scheduled for September 18th at 1 PM UTC.
While the official launch of $MVRK marks a major milestone in Mavryk’s mission to bring next-generation tokenization technology to market, the token has been specifically built to fuel a thriving blockchain economy focused on tokenized real-world assets.
According to the announcement, the launch of $MVRK will help Mavryk to achieve its mission to create an ecosystem equipped to bring billions of dollars’ worth of RWAs on-chain.
 
Since its iteration in the crypto ecosystem, Mavryk has achieved several significant milestones, including $5.2 million in funding from top-tier venture capital firms such as Ghaf Capital, Big Brain, Draper Goren Holm, and others.
The company has also powered the upcoming MultiBank RWA platform for primary and secondary markets with Mavryk’s white-label tokenization technology, set to launch in 2025 as a regulated, revenue-generating platform.
Furthermore, Mavryk has signed with MAG Lifestyle Development and Multibank to tokenize $10 billion worth of luxury real estate, including Dubai’s Ritz-Carlton Residences and Keturah Reserve. It has also integrated with Fireblocks to enable its clients to use the Mavryk infrastructure to build their own RWA platforms for primary and secondary markets through Mavryk’s white-label solution.
The blockchain also achieved 110M+ transactions, with 2.2M+ funded active wallets and 1.2M+ deployed contracts, far outperforming expectations during its test net phase.
Speaking on the major development, Alex Davis, Founder & CEO of Mavryk, said,
“Mavryk is pioneering a new chapter for real-world assets where tokenization, DeFi, and lending converge into one seamlessly interoperable economy…The launch of $MVRK sets the stage for a new era; it opens a gateway that removes barriers and unlocks a world of bespoke financial opportunities for investors everywhere.”
Source: https://zycrypto.com/rwa-blockchain-mavryk-set-for-mainnet-token-launch-on-mexc/