MultiBank’s $MBG Token Soars 166% on First Day of Trading: Backed by $29B in Real-World Assets

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MultiBank’s MBG token is live on MexC, Gate.io, and Uniswap after presale sells out

Under the auspices of MultiBank Group, a significant player in derivative markets, has successfully unveiled its token offering, now accessible for trading on various stock exchanges.

Top traditional financial companies are rapidly adopting cryptocurrencies. On Tuesday, July 22nd, a conventional finance derivatives company, MultiBank Group, successfully launched its MBG token after its presale was sold out in mere minutes. The token is now available for trading on both centralized and decentralized platforms such as MexC, Gate.io, and Uniswap.

Just now, MBG has officially launched! This isn’t your typical token, it’s the real deal – a whopping $29B TradFi giant. It boasts a buyback and burn of $440M, and offers $3B in tokenized real estate. You can now trade it on multibank_io, Uniswap, Mexc, and Gate. The suits have finally made their move onto the blockchain.

— panamax (@panamaXBT) July 22, 2025

In the days following its public debut, this cryptocurrency linked to traditional finance saw a massive surge of 166% after being listed on major exchanges. On July 22nd, it briefly exceeded the $1 mark before settling at $0.981. Since then, its market capitalization has grown to an impressive $156 million.

MultiBank Group token backed by RWAs

As reported by MultiBank, the value of this token is tied to tangible assets from the real world. They have approximately $29 billion in real-world assets on their platform, and their financial institution handles a daily trading volume of around $35 billion. Chairman and founder of MultiBank Group, Naser Taher, highlighted their commitment to a four-year buyback program worth $440 million, which is intended to bolster the token’s strength.

Naser Taher from MultiBank Group explains that MBG is constructed upon robust foundations. It merges the daily trading infrastructure of MultiBank, valued at $35 billion, with a $29 billion real asset foundation. The platform is also designed to foster innovation by playing multiple roles: facilitating transactions in both traditional finance (TradFi) and digital environments, offering staking rewards, and acting as the native token for our $3 billion real-world asset platform.

This project not only delves into the realm of tokenized real estate but boasts a significant $3 billion partnership with MAG Lifestyle Development. The property portfolio encompasses luxury real estate, featuring esteemed properties such as Ritz-Carlton Residences.

1) The growing enthusiasm towards the MBG token suggests that traders are becoming more optimistic about platforms that bridge traditional finance (tradFi) and decentralized finance (DeFi). Furthermore, it’s evident that traditional financial institutions are progressively exploring the benefits of cryptocurrency for funding their projects.

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2025-07-22 19:02