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MultiBank Group, recognized as the world’s largest derivatives broker, has carried out its inaugural $MBG token buyback and burn, permanently removing 4.86 million tokens from circulation.
Notably, the announcement comes on the heels of a successful first half of 2025, during which MultiBank Group reported $209 million in revenue. In addition, since the $MBG token officially launched on July 22, the company also recorded an average daily trading volume of $36 billion.
By reducing overall supply, MultiBank Group aims to enhance the scarcity and long-term value of the $MBG Utility Token while delivering direct benefits to its growing community. The program is set to expand significantly, with plans to repurchase and burn up to $58.2 million worth of tokens in the first year, and an estimated $440 million over five years.
Since listing in July across major platforms including MultiBank.io, MEXC, Gate.io, Uniswap, and BingX, $MBG has surged more than sevenfold compared to its initial price, emerging as one of the most closely watched new assets in the market.
 
While speaking on the milestone, Naser Taher, Founder and Chairman of MultiBank Group, said:
“This first buyback proves the power of our ecosystem, bridging TradFi, our institutional ECN, a regulated crypto exchange, and real-world asset (RWA) tokenization. $MBG is becoming the utility token at the core of it all. Today’s burn is just the start — with additional utilities, greater scarcity, and more community rewards coming soon.”
$MBG: The Utility Token of a Four-Pillar Ecosystem
The $MBG utility token lies at the heart of MultiBank Group’s ecosystem, serving as a bridge between tradfi and digital innovation. It enhances efficiency across the Group’s platforms while offering token holders reduced costs, exclusive features, and broader utility.
Within MultiBank TradFi, the Group’s contracts-for-difference (CFD) division, $MBG plays a key role in enhancing platform efficiency and user benefits. The division recorded $362 million in revenue in 2024 and subsequently achieved a record-breaking performance in the first half of 2025.
At the MEX Exchange, a $23.7 billion hybrid FX and crypto ECN, $MBG facilitates efficient settlements, mitigates counterparty risk, and enables smart contract-based margining, thereby strengthening institutional trading infrastructure.
On the MultiBank.io Crypto Exchange, which operates under regulatory approvals in regions including the UAE and Australia, $MBG provides users with lower transaction fees, access to staking programs, participation in launchpads, and a variety of other token-based benefits for both retail and institutional traders.
The most ambitious use case is the Real-World Asset (RWA) division, built on Mavryk’s layer-1 blockchain. It underpins the largest tokenized real estate deal to date—a $3 billion partnership with MAG Lifestyle Development, offering $MBG holders discounted fees and early project access.
With over two million clients in 100+ countries and oversight from 17 global regulators, MultiBank Group is reinforcing its leadership in both fintech and blockchain. $MBG is not just a utility token but the cornerstone of a multi-layered ecosystem set to expand with new blockchain initiatives in the months ahead.
Source: https://zycrypto.com/multibank-group-completes-first-mbg-buyback-and-burn-eliminating-4-86-million-tokens/