Mavryk Network, in collaboration with MAG and Multibank Group, has signed an agreement to tokenize over $3 billion in real estate assets, marking the largest real-world asset tokenization event.
Multibank RE platform from MutlibankIO will enable verified investors to access primary sales and secondary trading of tokenized assets like Ketura Reserve and the Ritz-Carlton.
Mavryk Dynamics will execute the tokenization process on the Mavryk Network, managed by MAG, bringing billions of dollars in real estate holdings onto the blockchain.
Retail customers will have access to high-end real estate assets with the support of Multibank Group's reputation and licenses, creating opportunities for yield generation and direct involvement in future developments.