Crypto Daily
2025-07-23 08:02:13

MBG Token Set to Launch on Gate.io and MEXC Following Pre-Sale Success

MultiBank Group has announced that its $MBG token was officially listed on both Gate.io and MEXC on July 22, the same day as the project's Token Generation Event (TGE). The token is also available for trading on MultiBank.io and Uniswap, offering users both centralized and decentralized access from day one. The dual listing comes on the heels of a successful two-round pre-sale in which the Group sold a total of 10 million tokens at $0.35 each, raising a total of $3.5 million. The sale attracted significant attention across both retail and institutional circles, reflecting the market’s growing interest in utility tokens connected to real-world asset (RWA) strategies. $MBG is positioned as a utility token within MultiBank’s broader Web3 ecosystem. It will be used for trading fee discounts, staking, loyalty tiers, and early access to platform features. A key component of its roadmap involves supporting RWA tokenization, starting with a $3 billion luxury real estate initiative in Dubai in collaboration with MAG and Mavryk. Naser Taher, Chairman and Founder of MultiBank Group said, “With $MBG, we’re introducing a utility token built to deliver real-world value, transparency, and long-term trust. This is a major step in our mission to merge traditional finance with blockchain on a global scale”. MultiBank Group brings regulatory legitimacy to the launch, operating in over 17 jurisdictions and managing more than $29 billion in assets. This gives $MBG an unusual level of credibility in a token space often characterized by anonymous teams and speculative roadmaps. To support long-term token value, the Group has committed to a $440 million buyback-and-burn program. Revenue from trading operations will be used to reduce the circulating supply of $MBG over time, a deflationary strategy designed to align token incentives with actual usage. Listing on exchanges like Gate.io and MEXC expands MBG’s global accessibility. Gate.io’s regulatory presence in Europe and MEXC’s broad reach across Asia and Latin America ensure that the token is immediately tradable across diverse markets. Soon after the TGE, MultiBank will begin rolling out utility integrations. These include staking pools, loyalty rewards, and access to early-stage trading opportunities. The MBG ecosystem will also be supported by a hybrid crypto-tradfi exchange platform, known as MultiBank Exchange (MEX), that is currently under development. Designed to connect Institutional clients with TradFi and digital assets , MEX aims to offer an integrated trading environment once launched. As interest in RWA tokenization continues to grow, MBG’s listing strategy appears aimed at positioning the token as more than a one-off event. By focusing on exchange accessibility, platform integration, and real-world backing, the Group is making a case for MBG as a durable part of the evolving Web3 financial stack. Additional details regarding cross-chain functionality, staking timelines, and upcoming RWA partnerships are expected to be announced in the coming weeks. 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.

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