Hong Kong, PRC, August 20, 2025, Chainwire
Global financial powerhouse MultiBank Group has announced a strategic initiative to repurchase and subsequently burn its $MBG Utility Token. This decision follows a strong first half of 2025, marked by revenues of $209 million—a 20% increase year-over-year—and profits reaching $170 million. The program aims to decrease the token’s supply and boost long-term value for its holders.
Since launching on July 22 across platforms including MultiBank.io, MEXC, Gate.io, and Uniswap, the $MBG token has experienced significant growth, reaching seven times its initial listing price and quickly becoming a widely monitored digital asset.
The buyback program will involve purchasing $MBG tokens from the open market and permanently removing them from circulation. Current projections estimate buybacks totaling up to $58.2 million within the first year and a cumulative $440 million over the first five years. MultiBank Group describes this initiative as a celebration of its impressive H1 performance and a thank you to its global customer base.
“This program is a token of our appreciation to our valued clients and community for their unwavering support,” stated Naser Taher, Founder and Chairman of MultiBank Group. “We’ve built a robust foundation in traditional finance, and the rapid adoption of $MBG demonstrates our readiness to lead in the digital asset space. This token burn is only the beginning; expect more significant announcements from us soon.”
The $MBG token is central to MultiBank’s comprehensive four-pillar ecosystem:
- MultiBank TradFi: MultiBank’s core CFD business, which generated $362 million in revenue last year, allows traders to leverage $MBG for discounted fees and enhanced functionalities within the platform.
- MEX Exchange (Institutional ECN): This $23.7 billion electronic communication network (ECN) caters to institutional clients, providing hybrid FX and crypto services within emerging markets. $MBG streamlines settlement processes, mitigates counterparty risk, and facilitates smart contract-based margin and delivery versus payment (DvP).
- MultiBank.io (crypto exchange): This exchange, operating under regulatory oversight in jurisdictions like the UAE and Australia, provides spot and leveraged trading options. Using $MBG unlocks lower fees alongside additional benefits such as launchpad access, staking opportunities, and token participation.
- MultiBank.io RWA: This segment, built upon Mavryk’s layer-1 blockchain, spearheads the world’s largest real-world asset (RWA) tokenization effort to date – a $3 billion real estate transaction with MAG Lifestyle Development. $MBG holders benefit from reduced fees and priority access to new projects.
These four pillars collectively drive MultiBank’s growth, a trend mirrored in the Group’s expanding community, which includes over 396,000 Telegram members and more than 280,000 followers across its X channels. With a client base exceeding two million, 17+ financial licenses across five continents, and a long-standing record of compliance since 2005, MultiBank Group is accelerating its investment in blockchain and DeFi infrastructure to provide more value-driven initiatives in the coming months.
ABOUT MULTIBANK GROUP
MultiBank Group, established in California, USA, in 2005, stands as a global leader in the financial derivatives sector. Serving over 2 million clients in more than 100 countries and processing daily trading volumes exceeding $35 billion, the Group offers an extensive suite of brokerage and asset management solutions. Known for its innovative trading platforms, dedication to regulatory compliance, and superior customer support, MultiBank Group holds licenses from 17+ leading financial regulators across five continents. Its award-winning platforms offer leverage up to 500:1 across a diverse range of assets, including Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 80 international accolades recognizing its trading excellence and regulatory adherence.
For additional details, please visit MultiBank Group’s official website.
Contact
Mr
Nikolas Neofytou
MultiBank Group
nikolas.neofytou@multibankfx.com