MultiBank.io, the digital asset division of MultiBank Group, partners with Fireblocks to tokenize approximately $10 billion in real-world assets. The initiative focuses on enhancing asset security, regulatory compliance, and accessibility, with phase one involving flagship projects like The Ritz-Carlton Residences and Keturah Reserve.

The alliance between MultiBank Group, Fireblocks, and Mavryk Network drives the growth of this real estate tokenization effort. Mavryk provides blockchain infrastructure, Fireblocks ensures digital asset custody, and MultiBank Group offers regulatory expertise for compliance and governance, aiming to facilitate up to $10 billion in tokenized assets.

MultiBank.io’s collaboration enables fractional access to income-generating properties in a regulated environment, leveraging Fireblocks’ security and tokenization engine. The platform offers secure minting and burning, automated compliance, reliable custody, and streamlined trading, with Mavryk providing blockchain settlement and programmable features for investors.

MultiBank.io serves as the gateway to MultiBank Group’s tokenized ecosystem, featuring four pillars: MultiBank FX for traditional finance, MEX Exchange for institutional ECN, MultiBank.io for crypto trading, and MultiBank.io RWA for tokenized real-world assets. The platform aims to democratize access to previously illiquid markets, allowing for investments as low as $50.

MultiBank.io’s CEO, Zak Taher, emphasizes the partnership with Fireblocks and Mavryk to open up $10 billion in property investments to a wider audience. The marketplace benefits from MultiBank Group’s regulatory expertise and global reach, serving over two million clients worldwide with more than 17 licenses.

Established in 2005, MultiBank Group is a global leader in financial derivatives with over 2 million clients in 100+ countries. The Group offers brokerage and asset management services, innovative trading solutions, and regulatory compliance across Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. Regulated by 17+ financial authorities, it has received over 80 international awards for trading excellence and customer service.

Read more at Yahoo Finance: MultiBank.io Partners with Fireblocks and Mavryk to Launch $10B Real Estate Tokenization Platform