Mavryk partners with Fireblocks to tokenize $10B in real estate via MultiBank

In this post:

• Mavryk has integrated with Fireblocks to power the tokenization of over $10B RWA on MultiBank.
• The integration is driven by the tokenization of MAG Lifestyle Developments’ premium real estate portfolio on MultiBank’s platform.
• Fireblocks wallets will secure assets on the Mavryk blockchain, enabling users to trade and borrow against tokenized real estate.

Mavryk Network has integrated with Fireblocks to power the tokenization of over $10 billion in real-world assets on MultiBank. The company said the deal is one of the largest real estate tokenization efforts to date.

The blockchain ecosystem also revealed that the integration is driven by the tokenization of MAG Lifestyle Developments’s premium real estate portfolio on MultiBank’s platform. The RWAs include the Ritz-Carlton Residences and Keturah Reserve.

Mavryk powers token issuance across RWA lending

$10 billion in real-world assets are being tokenized on Mavryk.

This isn’t an idea; it’s signed with MAG Group and MultiBank Group. It's underway.

And it’s just the beginning.

Let’s break it down 👇
→ MAG Group (@MAGLifestyleDev) brings real assets
→ MultiBank Group… pic.twitter.com/yk6wULO6XS

— Mavryk Network | Tokenizing $10B in RWAs (@MavrykNetwork) August 4, 2025

Mavryk said it powers token issuance across RWA lending, as well as in both primary and secondary markets. The firm believes that Fireblocks enhances its framework with its trusted MPC-based wallet technology, while MultiBank provides investors with the RWA exchange and asset distribution.

The Layer 1 blockchain said Fireblocks and MultiBank will help it deliver a fully integrated and regulated environment for secure RWA participation. It also revealed that Fireblocks wallets will secure assets on the Mavryk blockchain, enabling users to trade and borrow against tokenized real estate.

“By connecting Mavryk’s token issuance layer with Fireblocks’ $100 billion custody ecosystem with over 2000 clients, we’re removing the traditional friction points that have held back institutional adoption.”

-Alex Davis, Founder and CEO of Mavryk.

Davis added that institutions can now custody, transact, and settle tokenized real estate assets using Mavryk. He argued that it’s a leap forward for Mavryk and the entire RWA space.

The integration will also allow users to move USDT from MultiBank’s spot wallet into a non-custodial RWA wallet. Users won’t ever have to worry about private key management, according to Mavryk. 

Users can purchase tokenized real-world assets issued on the Mavryk blockchain using the digital assets. After the primary issuance phase, those assets can also be traded on a compliant secondary market featuring native KYC, jurisdictional controls, and real-time settlement.

The firm acknowledged that the integration marks a major validation of Mavryk as the blockchain backbone for compliant RWA issuance. The initiative will provide Fireblock’s 2,000 institutional clients with the option to directly custody, hold, and interact with Mavryk’s native RWA offerings. The company said the partnership will ease operations and accelerate institutional adoption.

MultiBank signs deal with MAG

$MBG isn’t just a whitepaper — it’s real. Built on MultiBank Group’s $35B daily TradFi volume. $MBG is where crypto meets real infrastructure.

Trade $MBG now: https://t.co/015cel3cfh pic.twitter.com/xqszckTpqY

— MultiBank Group (@multibankgroup) August 7, 2025

In May, Multibank also signed a $3B RWA tokenization deal in May with Mavryk and the United Arab Emirates (UAE)-based real estate giant MAG. Zak Taher, founder and CEO of MultiBank, noted that joining MAG’s real estate holdings with MultiBank Group’s regulatory acumen created a fully governed ecosystem for RWA tokenization. He also added that the firm’s goal is to democratize access to high-end development offerings. 

Talal Moafaq AI Gaddah, senior executive vice chairman of MAG, revealed that the company’s $3B real estate will be tokenized as individual RWA tokens on MultiBank’s platform. He also added that the firm’s MBG token will provide utility with trading discounts and early access to properties.