On July 29, 2025, LBank announced the addition of the $MBG token, which is the utility token of the global financial conglomerate MultiBank Group. This move opens new opportunities for users and investors in the cryptocurrency space.
About MultiBank Group
Founded in 2005, MultiBank Group has over 25 offices worldwide and 17 licenses across five continents. The company serves over 2 million clients and recorded a trading volume of $4.5 trillion in 2024.
Benefits of the $MBG Token
$MBG operates under ERC-20 standards and is designed for various business lines, including MultiBank FX/CFDs, MEX Exchange, MultiBank.io, and asset tokenization. $MBG provides users with fee discounts, staking opportunities, and access to premium features. It also ensures automated settlements and reduced counterparty risks.
MultiBank Group Development Plan
MultiBank Group has already achieved several key milestones, including the successful launch of the MultiBank.io platform and a $3 billion asset tokenization agreement. Future plans include expanding derivatives offerings, creating a decentralized ECN, and launching the MultiBank Smart Chain.
The launch of the $MBG token on LBank marks a significant step forward for MultiBank Group, which aims to strengthen its market presence and bridge traditional finance with the new web space.
