Road Town, BVI, July 30th, 2025, Chainwire
LBank has officially listed $MBG, the utility token of global financial conglomerate MultiBank Group, at 09:00 UTC on July 29, 2025. The MBG/USDT trading pair is live in the Innovation Zone, with deposits and withdrawals opened on July 27 and July 30, respectively.
Founded in 2005, MultiBank Group is a regulated financial ecosystem with over 25 offices worldwide and 17 licenses across five continents. It serves over 2 million clients and posted $4.5 trillion in trading volume in 2024. $MBG now extends its digital footprint as a core utility token for MultiBank’s integrated financial infrastructure.
A Utility Layer Across Four Pillars
According to its whitepaper, $MBG is an ERC-20 utility token powering operations across four business lines:
- MultiBank FX/CFDs: Traders use $MBG for fee discounts, staking rewards, and platform access. IBs and social traders benefit from token-based rebates and loyalty tiers.
- MEX Exchange (Institutional ECN): A hybrid FX and crypto ECN for emerging markets, MEX uses $MBG to automate settlement, reduce counterparty risk, and offer smart contract-based margin and DvP.
- MultiBank.io (Crypto Exchange): Regulated in the UAE, Australia, and Seychelles, the platform offers spot and leveraged trading. $MBG is used for trading fee discounts, launchpad access, staking, and token buy-in events.
- MultiBank RWA: In 2025, MultiBank signed a $3B RWA tokenization agreement with MAG Development, covering Dubai real estate. $MBG grants users fee discounts, early access, and benefits from revenue-based token burns.
$MBG: Designed for Real Flow
$MBG enables three main utilities: fee payment, staking, and on-chain settlement across platforms. Its value is reinforced by a buyback-and-burn program, with up to $440M in planned repurchases by Year 4, permanently reducing supply.
Staking unlocks access to premium features, higher limits, and loyalty rewards. For institutions, $MBG facilitates internal settlement with audit-friendly smart contracts and MPC-secured custody.
MultiBank emphasizes that $MBG is a utility token, not a security or equity instrument. It is part of a regulated, compliant infrastructure spanning TradFi, crypto, and tokenized real-world assets.
Roadmap Highlights (2024–2027)
Key milestones already achieved include:
- Launch of MultiBank.io (60+ spot pairs, fiat ramps, MPC custody)
- Completion of $3B RWA tokenization deal with MAG
- MEX ECN hitting $35B in daily FX volume
- VARA licensing and AUSTRAC registration
- Launch of staking and token utility layer
- Token Generation Event (TGE) and $MBG listing on LBank
Upcoming developments include:
- A decentralized crypto ECN
- Expansion of derivatives offerings
- AI-powered trading tools
- Launch of the MultiBank Smart Chain
- Enhanced RWA settlement and utility features
Listing Momentum
The token’s Initial Exchange Offering (IEO) launched alongside its LBank listing. Additional listings on Tier-1 and Tier-2 CEXs and DEXs are planned. $MBG is also tracked on CoinGecko and CoinMarketCap.
With the listing now live, MultiBank Group aims to bring a regulated, multi-market utility token to broader audiences—bridging traditional finance with Web3 infrastructure in a transparent, scalable way.
Users can learn more: https://multibank.io
Trading available on LBank: https://www.lbank.com/trade/mbg_usdt
Multibank Social Media:
Contact
LBank Exchange
[email protected]
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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