According to online reports, Dubai-based MultiBank Group, the world's largest financial derivatives institution, signed a US$3 billion real asset (RWA) tokenization agreement with United Arab Emirates real estate giant MAG and blockchain infrastructure provider Mavryk. Under the agreement, MAG's ultra-luxury real estate projects, including the Ritz-Carlton Apartments in Dubai, Creekside and Keturah Reserve, will be blockchain tokenized through MultiBank.io's regulated RWA marketplace. After tokenization, these assets will be open to global investors and will generate daily benefits for holders directly on the platform. In this collaboration, MAG will provide its premium real estate portfolio for tokenization, Mavryk will be responsible for blockchain issuance and DeFi integration, while MultiBank Group will manage regulatory compliance, liquidity and governance, and MBG tokens will serve as the core of the system. The platform plans to expand the initial US$3 billion in tokenized assets to US$10 billion.