In a major move for real-world asset tokenization, Dubai-based MultiBank Group has signed a $3 billion agreement with real estate powerhouse MAG and blockchain infrastructure provider Mavryk.
The collaboration will bring MAG’s high-end property portfolio—including luxury developments like The Ritz-Carlton Residences and Keturah Reserve—onto the blockchain.
These assets will be fractionalized into digital tokens on MultiBank.io’s regulated marketplace, using Mavryk’s Layer-1 infrastructure. Token holders will gain exposure to yield-generating real estate while benefiting from blockchain-enabled liquidity and accessibility on a global scale.
At the center of this ecosystem is the soon-to-launch MBG token, which will offer platform utilities such as fee reductions, early access to listings, and a deflationary model tied to a buyback-and-burn mechanism.
According to MAG’s senior executive Talal Moafaq Al Gaddah, the tokenized assets will also serve as collateral for derivatives within MultiBank’s broader trading ecosystem—effectively linking traditional finance with DeFi.
With regulatory compliance, issuance, and DeFi integration handled across all three partners, the deal positions MultiBank Group’s platform as one of the most ambitious tokenized asset initiatives to date, marking a significant step forward for blockchain-based investment access in the real estate sector.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/luxury-real-estate-goes-on-chain-in-3-billion-tokenization-pact/