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MultiBank Group says it has achieved a rapid sell-out of its $MBG token pre-sale, with all 7 million tokens fully subscribed in less than one hour across MultiBank.io and Uniswap. The Hong Kong-based financial derivatives institution priced the tokens at $0.35 each, with the entire allocation claimed almost instantly.
The high level of interest marks what the company describes as one of the most successful offerings in the digital asset space this year, highlighting demand for asset-backed products with real-world utility. Following thousands of additional requests, MultiBank Group will open a second and final $MBG token pre-sale on Friday 18 July, ahead of the official Token Generation Event on 22 July.
On 12 July, MultiBank Group announced that the Token Generation Event (TGE) for its $MBG token would take place on 22 July 2025, marking what the company described as a historic moment bridging traditional finance and blockchain technology. The announcement positioned the $MBG token as a utility asset rooted in real economics rather than speculation, backed by the group's four-pillar ecosystem and supported by a $440 million buyback and burn programme designed to create deflationary pressure and sustain long-term value for holders.
The final round will feature 3 million tokens at the same $0.35 price, giving participants one last opportunity to join before trading begins. The final pre-sale will be available through multibank.io and Uniswap.
Despite the high demand for the $MBG tokens, it is not exactly clear what the utility of the tokens will be or what the value will be based on.
Naser Taher, Founder and Chairman of MultiBank Group, said: "The sell-out of our initial $MBG Token offering in less than one hour is a decisive validation of our vision. In a market saturated with speculation, the response we received confirms that institutional-grade transparency, regulatory integrity, and asset-backed value are what investors are now demanding. $MBG is here for the long term, reflecting the experience, resources, and global reach that underpin everything we do at MultiBank Group. The market has spoken, and it has spoken with speed and conviction."
The $MBG token is supported by $29 billion in assets across the group's four pillars and powered by over $35 billion in daily turnover. MultiBank Group describes the token as engineered for substance, showcasing what it calls the proven track record and compliance of one of the industry's most trusted names.
MultiBank Group's ecosystem comprises four pillars: MultiBank TradFi, described as a global CFD leader generating $362 million in revenue in 2024; MEX Exchange, a $23.7 billion institutional-grade marketplace launching later this year; MultiBank.io RWA, bringing $3 billion in tokenised ultra-luxury real estate to market; and MultiBank.io, expanding into crypto derivatives alongside the sale.
These platforms will drive a $440 million buyback and burn initiative, which the company says will reinforce demand, ensure deflationary supply, and sustain value growth for $MBG holders.
MultiBank Group was established in California in 2005 and describes itself as a global leader in financial derivatives. The company serves over 2 million clients across 100+ countries with daily trading volume exceeding $35 billion, offering brokerage and asset management services. The group is regulated by 17+ financial authorities across five continents and has received over 80 international awards for trading excellence and regulatory compliance.
