Mavryk Network, a Layer-1 blockchain platform designed to facilitate large-scale tokenization of real-world assets (RWAs), has announced the upcoming launch of its native token, $MVRK, on the global cryptocurrency exchange MEXC. Trading will begin on September 18 at 1 PM UTC, with an initial listing price of $0.10. The debut of $MVRK represents a significant step in Mavryk’s broader vision to bring over $10 billion in RWAs on-chain, and to establish a fully interoperable ecosystem at the intersection of tokenization, decentralized finance (DeFi), and lending. To date, Mavryk has secured notable milestones, including: Funding: Raised $5.2 million from prominent venture capital firms such as Ghaf Capital, Big Brain, and Draper Goren Holm. Partnership with MultiBank Group: Mavryk’s white-label tokenization infrastructure will underpin MultiBank’s upcoming RWA platform for regulated primary and secondary market trading, slated for launch in 2025. $10 Billion Tokenization Agreement: In collaboration with MAG Lifestyle Development and MultiBank, Mavryk will tokenize luxury real estate assets, including Dubai’s Ritz-Carlton Residences and Keturah Reserve. Fireblocks Integration: The platform is now accessible to Fireblocks users, enabling institutions to build customized RWA platforms using Mavryk’s technology. Testnet Activity: Mavryk’s testnet has processed over 110 million transactions, with 2.2 million+ funded wallets and 1.2 million+ smart contracts deployed. Live metrics are available on Mavryk Explorer . The $MVRK token will have a fully diluted valuation (FDV) of $100 million and will serve multiple functions within the network: covering gas fees, enabling delegation, powering co-staking (liquid staking), and serving as collateral for lending and borrowing protocols. At the token generation event (TGE), 5.6% of the token supply will be in circulation, while over 45% is allocated for ecosystem growth, staking incentives, and community participation. “Mavryk is pioneering a new chapter for real-world assets where tokenization, DeFi, and lending converge into one seamlessly interoperable economy,” said Alex Davis, Founder & CEO of Mavryk. “The launch of $MVRK sets the stage for a new era of finance; it opens a gateway that removes barriers and unlocks a world of bespoke financial opportunities for investors everywhere.” Upon launch, Mavryk will support features such as delegation and co-staking from day one, offering high APYs aimed at encouraging long-term ecosystem involvement. Its institutional-grade SaaS product, Equiteez, is already white-labeled by MultiBank Group to facilitate compliant tokenized asset trading. Looking ahead, Mavryk aims to scale its on-chain asset portfolio to $40 billion by 2030, expand its ecosystem through strategic partnerships, and deploy a comprehensive DeFi infrastructure. Upcoming features include Mavryk Wallet, Maven Finance, a DEX, perpetual trading, Layer-2 integrations, and mobile interfaces. The roadmap also includes consumer-facing tools such as a tokenized ETF minter and launchpad. For further information on the $MVRK token launch and the Mavryk Network, visit www.mavryk.org . Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
