MultiBank.io, Fireblocks & Mavryk dey Tokenize $10B Real Estate
MultiBank.io join hand wit Fireblocks and Mavryk to launch $10 billion real estate tokenization platform, weh dem wan put real-world assets (RWAs) for blockchain. For di first phase, MultiBank.io and MAG Lifestyle Development go tokenize $3 billion worth prime property dem, including The Ritz-Carlton Residences and Keturah Reserve, wey people fit own small parts from $50. Fireblocks go provide beta custody, token issuance and automated compliance, while Mavryk e blockchain handle on-chain issuance, KYC/AML checks and DeFi integration dem. Di platform na bridge between TradFi and crypto through MultiBank Group ecosystem—wey cover MultiBank FX, the planned MEX Exchange ECN, di regulated crypto exchange plus di new real estate tokenization marketplace—to make governance, liquidity and secondary trading sure. MultiBank.io just launch dia MBG token for MexC, Gate.io and Uniswap, weh e double quick quick to $1, show say traders interest for asset tokenization dey grow. Dis real estate tokenization project fit make RWA tokens more open and fit affect how asset tokenization go trend for crypto market.
Bullish
By tokesin $10 billion for real estate, MultiBank.io platform fit drive demand for RWA tokens and boost MBG utility as gateway token. Integration of Fireblocks custody and Mavryk blockchain setup dey boost market confidence and fit reduce settlement time, encourage more institutional participation. Short term, MBG fit get increased volatility around platform milestones and token listings. Long term, project focus on fractional ownership and on-chain RWAs dey support sustainable demand, put MBG for potential price appreciation as real estate tokenization dey gain traction for crypto sector.