Tokenizes Ghana Gold With Kings Orbis and Mavryk test

mb.io, the crypto arm of MultiBank Group, announced on May 11, 2026 that it had formed a four-party institutional programme to bring physically-backed gold sourced from Ghana onto a blockchain, with Kings Orbis acting as programme coordinator, EON3 Group Ghana Ltd as the dedicated gold supply partner, and Mavryk providing the Layer 1 blockchain and RWA technology infrastructure. Physical gold will be vaulted in Dubai under LBMA-approved institutional custody, with each token representing direct ownership of the underlying metal.

The architecture assigns a distinct institutional role to each partner. mb.io RWA serves as the regulated tokenization marketplace, Kings Orbis coordinates the programme end-to-end, EON3 Group supplies the physical gold from West Africa, and Mavryk underpins the on-chain settlement and token issuance layer. mb.io describes itself as a globally regulated cryptocurrency exchange, citing regulatory backing in one of the world's most active digital asset jurisdictions.

The announcement followed a concrete diplomatic engagement. Senior representatives of all four partners attended the World Peace Summit in Kumasi, Ghana on April 24, 2026, where discussions were held under the Pillars of Peace movement. During that visit, the delegation received a private audience with His Majesty Otumfuo Osei Tutu II, Asantehene King of the Ashanti Kingdom, who expressed personal support for the partnership. The region has produced gold for over 700 years and was historically known globally as the "Gold Coast" for its reserves.

Mavryk's involvement in this programme extends a relationship with MultiBank Group that predates the Ghana gold initiative. According to CoinDesk's reporting on Mavryk's funding history, the layer-1 blockchain raised $10 million in a strategic investment led by MultiBank Group to expand its real-world asset tokenization plans, following an earlier $5.2 million round raised by its developers, Mavryk Dynamics, in February of that year. The two entities also hold an existing partnership to tokenize over $10 billion worth of real estate in the United Arab Emirates.

The Ghana gold programme therefore extends an established multi-asset tokenization relationship between MultiBank and Mavryk from UAE real estate into African commodity supply chains. The RWA Times analysis of the partnership noted that the four-party structure consolidates regulated marketplace, programme coordination, physical supply, and blockchain infrastructure into a single operational architecture.

Several material details were not disclosed in the announcement materials. The press release does not specify the total volume of gold to be tokenized, the price per token, the minimum investment threshold, the timeline for the first token issuance, or the secondary-market trading venues where tokens will be listed. It does not identify the specific custody provider operating under LBMA approval in Dubai, nor does it describe the independent verification or audit process for confirming physical gold backing at each stage of the asset lifecycle. The announcement also does not address whether any Ghanaian regulatory authority has been engaged or whether the programme requires approvals beyond mb.io's existing licensing framework.

What the announcement does establish is a named four-party contractual structure with defined institutional roles, a confirmed physical gold supply chain from Ghana, Dubai-based custody under LBMA-approved arrangements, and Mavryk as the on-chain settlement layer. It does not establish a launched tokenized product, a disclosed token supply, a live trading venue for the gold tokens, or any independently verified proof of gold reserves already under custody.