MultiBank Group, a major player in the financial derivatives world, has announced the launch date for its MBG token. The Token Generation Event (TGE) is scheduled for July 22, 2025.
What is the MBG Token?
The MBG Token is generating a lot of buzz. It’s backed by MultiBank Group’s substantial assets and high daily trading volume, making it a noteworthy addition to the crypto market. The token boasts real-world utility, institutional support, and a deflationary design, aiming to increase its value over time.
MultiBank Group’s Strong Foundation
The MBG Token is built on the success of MultiBank Group’s four core businesses:
- MultiBank TradFi: A leading CFD provider.
- MEX Exchange: An institutional trading platform focusing on emerging markets.
- MultiBank.io RWA: A new initiative to tokenize high-value real estate.
- MultiBank.io: A regulated crypto exchange expanding into spot and derivatives trading.
These businesses support a massive $440 million buyback and burn program designed to keep demand high and increase the token’s value.
The Launch and Beyond
After the TGE, MBG tokens will be tradable on MultiBank.io and Uniswap. MultiBank Group Chairman Naser Taher described the TGE as a significant moment for both the company and the crypto industry, highlighting the token’s unique blend of traditional finance and blockchain technology.
About MultiBank Group
MultiBank Group, founded in 2005, is a global leader in financial derivatives with millions of clients worldwide and billions in daily trading volume. The company is heavily regulated and has won numerous awards for its services.
Disclaimer: This information is for promotional purposes only. Always conduct thorough research before investing in any cryptocurrency. Investing involves risk, and you could lose money.
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