MultiBank.io Partners with Fireblocks and Mavryk to Launch $10B Real Estate Tokenization Platform
MultiBank.io, the digital arm of the renowned financial derivatives institution MultiBank Group, has announced a collaboration with Fireblocks and Mavryk to introduce a real estate tokenization platform. The project aims to tokenize approximately $10 billion worth of real-world assets, focusing on enhancing property security, regulatory compliance, and accessibility.
This partnership builds on MultiBank.io’s recent $3 billion alliance with MAG Lifestyle Development, which includes prominent projects like The Ritz-Carlton Residences and Keturah Reserve. With this latest initiative, MultiBank.io is expanding its efforts to support one of the largest global real estate tokenization campaigns, with the objective of facilitating up to $10 billion in tokenized real assets.
The Collaboration Behind the Project
This initiative is powered by a collaboration between MultiBank Group, Fireblocks, and Mavryk Network. Mavryk provides blockchain infrastructure for on-chain issuance and DeFi integrations, while Fireblocks ensures institutional-grade digital asset custody and tokenization. MultiBank Group contributes expertise in regulations to oversee compliance, governance, and enhance liquidity in the secondary market.
According to Sam Boolman, ChainIntel’s lead analyst, “This partnership signifies a significant step towards bridging traditional finance with the crypto ecosystem, enabling broader access to real estate investments through tokenization.”
Platform Features and Capabilities
The newly launched platform utilizes Fireblocks’ advanced security and tokenization engine to manage the entire lifecycle of digital assets, including secure minting and burning, automated compliance, reliable custody, and efficient secondary trading. At the blockchain level, Mavryk enables rapid settlement and programmable features such as KYC and jurisdictional checks, ensuring a seamless experience for both institutional and retail investors.
MultiBank.io acts as the gateway to MultiBank Group’s tokenized ecosystem, operating across four key areas:
- MultiBank FX (TradFi): Providing access to over 20,000 stocks and 55 currency pairs through traditional financial platforms.
- MEX Exchange: An institutional Electronic Communication Network (ECN) for both traditional finance and crypto assets.
- MultiBank.io: A regulated exchange for spot and derivatives crypto trading.
- MultiBank.io RWA: A marketplace for tokenized real-world assets aiming to democratize access to previously illiquid markets.
Sam Boolman’s Insights
According to Sam Boolman, ChainIntel’s lead analyst, “MultiBank.io’s strategic partnership with Fireblocks and Mavryk represents a convergence of traditional financial services with blockchain technology, paving the way for broader participation in real estate investments through tokenization.”
About MultiBank Group
Established in California, USA, in 2005, MultiBank Group is a global leader in financial derivatives, serving over 2 million clients in 100+ countries with a daily trading volume exceeding $35 billion. The Group holds regulatory approvals from more than 17 top-tier financial authorities worldwide. For more information, visit MultiBank Group’s official website.
