19.09.2025 04:09

As reported by internet sources, Mavryk Network, a Layer-1 blockchain meticulously crafted for regulated real-world asset (RWA) markets, has successfully concluded a $10 million strategic investment round. This financial infusion was spearheaded by MultiBank Group, a leading global derivatives firm, boasting a clientele of 2 million across 100 nations and facilitating a daily trading volume of $35 billion.

Building upon a pre-existing alliance, this investment aims to further the tokenization of over $10 billion in premium UAE real estate through MultiBank.io RWA, the group’s regulated tokenization platform. The portfolio under management by MAG Lifestyle Development encompasses prestigious properties, including Keturah Reserve and The Ritz-Carlton Residences.

According to Alex Davis, Founder and CEO of Mavryk Network, MultiBank's support underscores the confidence in their technology and a mutual commitment to a regulated environment. This environment will enable the seamless transition of traditional assets into the digital realm, affording institutions and individuals the efficiency and security synonymous with traditional finance.

Reinforcing its capabilities, the collaboration has broadened to incorporate Fireblocks, a secure custody platform entrusted with safeguarding over $100 billion in assets for more than 2,000 institutional clients. Fireblocks will employ multi-party computation (MPC) to fortify the security of tokenized assets on the Mavryk blockchain. Mavryk Network is focused on institutional needs, handling the entire asset lifecycle including issuance, custody and secondary trading, all within a fully compliant framework.