MultiBank Group has announced the launch of the MBG token following a successful pre-sale, where millions of tokens were sold out in minutes.
Launch of MBG Token
The MBG token made its debut on the MEXC and Gate.io platforms, and it will also be available on MultiBank.io and Uniswap. The pre-sale held on July 18 sold out in minutes, indicating high investor interest and the uniqueness of assets that are anchored in real-world value.
Functions and Applications of the Token
MBG will serve as the core utility token within MultiBank Group's integrated ecosystem. It supports transaction fees, staking rewards, and internal settlements. Key areas of application include:
* MultiBank TradFi: the Group's main contract-for-difference (CFD) business, which generated $362 million in revenue last year. * MEX Exchange: a new institutional-focused crypto ECN valued at $23.7 billion. * MultiBank.io RWA: the real estate tokenization platform and marketplace involved in a $3 billion agreement. * MultiBank.io: a highly regulated digital asset exchange for spot trading, derivatives, and future DeFi integrations.
About MultiBank Group
Founded in 2005 in California, MultiBank Group is a global leader in financial derivatives. The Group serves over 2 million clients in 100 countries and exceeds a daily trading volume of $35 billion. MultiBank Group is regulated by more than 17 financial authorities across five continents.
The launch of the MBG token represents a significant step for MultiBank Group and the cryptocurrency market as a whole, reaffirming the growing interest in assets with real value.