Mavryk Network closed a $10 million strategic investment led by Multibank Group, the companies announced, marking an institutional endorsement of the Layer‑1 blockchain built for regulated real‑world asset ( RWA) markets.
Mavryk Secures $10M From Multibank to Power $10B UAE Real Estate Tokenization
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Multibank — a derivatives institution with $35 billion in daily trading volume and operations across 100 countries — will expand an existing partnership to tokenize more than $10 billion of UAE real estate through Multibank RWA, including projects led by MAG Lifestyle Development such as The Ritz‑Carlton Residences and Keturah Reserve. Mavryk said the funding supports its compliant, scalable tokenization infrastructure covering issuance, custody and secondary trading; the collaboration now integrates Fireblocks’ MPC custody to secure tokenized assets. Mavryk plans to open a Series A (equity and token) in Q4 as it scales RWA offerings.
