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MultiBank Group has confirmed additional listings for its $MBG utility token on cryptocurrency exchanges MEXC and Gate.io, expanding market access for the token's launch on 22 July alongside previously announced listings on MultiBank.io and Uniswap.
The financial derivatives institution, which describes itself as the world's largest and most regulated in its sector, will launch the $MBG token across four platforms simultaneously during its Token Generation Event. The expanded listings aim to provide millions of users across the exchanges with immediate access to trade the token using existing accounts.
The announcement follows the completion of two pre-sale rounds where MultiBank Group issued 7 million tokens in Round 1 and 3 million tokens in Round 2, both of which sold out within minutes according to the company.
Naser Taher, Chairman and Founder of MultiBank Group, said: "With $MBG, we're introducing a utility token built to deliver real-world value, transparency, and long-term trust. This is a major step in our mission to merge traditional finance with blockchain on a global scale."
MultiBank Group positions the token as backed by $29 billion in real assets across the group's operations, including a Real-World Asset tokenisation initiative that launched with $3 billion in luxury real estate in partnership with MAG and is planned to scale to $10 billion. The company reports over $35 billion in daily trading volume across its financial ecosystem.
Established in California in 2005, MultiBank Group serves over 2 million clients across 100+ countries with daily trading volume exceeding $35 billion. The company offers brokerage and asset management services with regulation from 17+ financial authorities across five continents.
The group's trading platforms provide leverage up to 500:1 across foreign exchange, metals, shares, commodities, indices, and cryptocurrencies. MultiBank Group reports receiving over 80 international awards for trading excellence and regulatory compliance.
The $MBG token launch represents MultiBank Group's expansion into blockchain-based financial products as traditional financial institutions increasingly explore cryptocurrency and tokenisation opportunities. The utility token aims to integrate with the company's existing financial services ecosystem whilst providing what the company describes as institutional-grade credibility.
The multiple exchange listings reflect a strategy to maximise accessibility and liquidity for the token at launch, enabling immediate market participation across different cryptocurrency trading platforms. The approach follows successful pre-sale rounds that demonstrated significant demand for the token among early investors.
