May 12, 2025 - 17:15
In a groundbreaking move to revolutionize real estate investment, MultiBank Group has announced a partnership with MAG to tokenize $3 billion worth of real estate assets in Dubai. This ambitious initiative aims to democratize access to real estate investment by leveraging blockchain technology, allowing investors from around the globe to participate in the booming Dubai property market.
The tokenization process will enable fractional ownership of high-value properties, making it possible for investors to own a share of premium real estate without the need for substantial capital. This innovative approach not only enhances liquidity in the real estate sector but also opens up new avenues for investment, particularly for those who may have previously been excluded from such opportunities.
As part of this initiative, MultiBank Group is set to launch its new token, $MBG, which will serve as the medium for transactions within this tokenized ecosystem. The launch of $MBG is expected to attract a diverse range of investors, further solidifying Dubai's position as a global hub for real estate innovation and investment.
