• Over $3 billion worth of yield-bearing assets will be added to the chain, making it the biggest real-world asset tokenization event.
  • Mavryk will provide retail customers access to high-end real estate assets by using Multibank Group’s reputation, regulatory accreditation, and broad licenses.

In order to tokenize real estate on its Layer 1 blockchain, Mavryk Network, Mavryk Dynamics has announced a significant agreement with global investment firms MAG and Multibank Group. With the arrangement, over $3 billion worth of yield-bearing assets will be added to the chain, making it the biggest real-world asset tokenization event in history.

The new Multibank RE platform from MutlibankIO will be used to implement the tokenized assets. This would provide verified investors access to RWAs’ primary sales and secondary trading, including those of esteemed portfolios like Ketura Reserve and the Ritz-Carlton.

The agreement was reached between Multibank Group, which generated around $360 million in 2024, and Mavryk Dynamics, whose Layer 1 blockchain, Mavryk Network, would house the tokenized assets, MAG. The pair is in charge of billions of dollars’ worth of real estate holdings, which include the Ritz-Carlton network of upscale hotels and Ketura Reserve, a luxury real estate developer located in Dubai.

MAG will tokenize $3 billion of its assets on the Mavryk Network. Mavryk Dynamics will execute the tokenization of the assets, which will be carried out onchain using apps on Mavryk. In addition to managing integrations for the RWAs and any other potential DeFi components, such lending, it will act as the partnership’s technology provider.

Mavryk will provide retail customers access to high-end real estate assets by using Multibank Group’s reputation, regulatory accreditation, and broad licenses. Participants will be eligible to receive yield on their assets in addition to having the ability to purchase and sell tokenized representations of real estate for the properties represented. They will so have a direct stake in the underlying firms’ future development.

Alex Davis, founder of Mavryk said:

“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 MutlibankIO and Mavryk, the infrastructure is also in place to make billions of dollars of desirable RWAs accessible to retail users for the first time.”

Real-world assets are being transformed via the Layer 1 blockchain Mavryk Network. This allows companies to use fractionalized ownership and DeFi-powered financing on Mavryk’s secure network to convert illiquid properties into tradeable digital assets. For tokenized RWAs with easy access to international markets, Mavryk also facilitates effective secondary trading. Improved liquidity and transparency for smooth asset trading are made possible by its network of Web3 and conventional equity partners. Visit https://mavryk.org/ to learn more.