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MultiBank Group has confirmed listing its $MBG token on Gate.io and MEXC during the Token Generation Event set for 22 July. The firm says the dual launch will let millions of users trade the asset from the first minute and widen access for both small investors and institutional desks.
According to explained Decrypt, the token is backed by about $29 billion in real-world assets, including a planned $3 billion pool of tokenized property. Early demand looks strong: two presale rounds totaling 10 million tokens sold out within minutes, while a $440 million buy-back and burn program is lined up to support price stability.
Tokenizing property turns large buildings into small digital shares that can trade like regular stocks. Supporters say this lowers entry costs, speeds up sales, and makes ownership more transparent. In 2025, several regulators set clearer rules, and major exchanges now compete to host real-estate-backed coins.
HackerNoon earlier reported presale success when 7 million $MBG tokens vanished in under an hour, sparking a second sale on 18 July. Chairman Naser Taher said the project marries regulated finance with blockchain to give holders steady income from diversified assets.
Market watchers will track liquidity on Gate.io and MEXC after launch. If volumes rise, MultiBank’s model could become a benchmark for future real-estate-token offerings.
