Luxury Real Estate Goes On-Chain in $3 Billion Tokenization Pact
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 At its core, blockchain is a digital chain of blocks, but not in the traditional sense. These 'blocks' consist of bits of information, and when we refer to a 'block' and 'chain,' we're talking about digital data stored in a public database. Blockchain provides an innovative way to transfer information automatically and securely. A transaction begins when one party creates a block, which is then verified by thousands, even millions, of computers across the network. This decentralized ledger of financial transactions is constantly evolving, with new data continuously added. What makes blockchain tamper-proof is that each record is unique, with its own distinct history. To alter one record would require changing the entire chain of millions of other records. Blockchain is grounded in three key principles: decentralization, transparency, and immutability.
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