Summary:
- Mavryk Network partners with MAG and Multibank Group in a historic real-world asset (RWA) tokenization deal.
- $3 billion in high-end real estate, including Ritz-Carlton and Ketura Reserve, to be tokenized.
- Assets to be hosted on Mavryk’s Layer 1 blockchain with access via Multibank’s new platform, Multibank RE.
- Retail investors gain fractional ownership, yield opportunities, and secondary market access.
- Mavryk Dynamics leads the tokenization and DeFi integration.
A Landmark Moment in Real Estate Tokenization
In a transformative move for the blockchain and real estate sectors, Mavryk Network has announced a groundbreaking partnership with MAG and the Multibank Group to tokenize over $3 billion worth of high-end, yield-bearing real estate assets. This deal marks the largest RWA tokenization event in history, bringing luxury properties like Ritz-Carlton and Ketura Reserve onto the blockchain.
Powered by Trusted Brands and Advanced Tech
The tokenization will take place on Mavryk’s Layer 1 blockchain, with the support of Mavryk Dynamics and MultibankIO’s new RE platform, which is tailored for primary sales and secondary trading of real estate-backed digital assets.
This strategic collaboration leverages Multibank Group’s $360M+ annual revenue, its regulatory credentials, and extensive global licenses to ensure retail investors can safely access high-end real estate investments onchain. Investors will also be eligible to earn yield and benefit from fractional ownership of blue-chip properties.
Building the Future of RWAs
Alex Davis, founder of Mavryk, emphasized the significance of this partnership:
“Mainstreaming RWA tokenization calls for the right assets, the right companies, and the right ecosystem in which to launch them. With MAG and Multibank providing access to some of the world’s most coveted real estate and luxury brands, the assets & distribution are in place for this to happen. And with the support of MultibankIO and Mavryk, the infrastructure is also in place to make billions of dollars of desirable RWAs accessible to retail users for the first time.”
Making Real Estate Liquid and Accessible
Through this initiative, Mavryk Network aims to revolutionize how real estate is accessed, traded, and owned. By fractionalizing ownership and enabling DeFi-powered lending and trading, Mavryk is turning illiquid assets into globally accessible, tradeable digital tokens.
With seamless secondary trading, robust compliance, and a powerful blockchain infrastructure, Mavryk is poised to unlock a new era of RWA utility for investors worldwide.