MultiBank Group has announced the opening of the waitlist for its $MBG Token, aimed at bridging traditional finance and blockchain technology.
The $MBG Token differs from typical speculative offerings as it is a utility token backed by tangible assets worth $29 billion and daily trading volumes exceeding $35 billion.
Built on MultiBank Group's ecosystem, the $MBG Token is supported by entities like MultiBank TradFi, MEX Exchange, MultiBank.io RWA, and MultiBank.io.
The $MBG Token is expected to power a $440 million buyback and burn program over four years, leveraging real-world trading fees and commissions for sustained demand and value for token holders.