UAE regulated, MultiBank Group, the world’s largest financial derivatives institution, which offers 20,000 instruments including digital assets, headquartered in Dubai, has announced the opening of its new office in Abu Dhabi, expanding its network to 26 locations. This new hub represents a key step in MultiBank Group’s regional strategy, strengthening its position in a highly competitive marketplace. Importantly, it will also host services offered through MEX Global, the Group’s subsidiary regulated by the Securities and Commodities Authority (SCA).
Naser Taher, Founder and Chairman of MultiBank Group, noted that the inauguration of our Abu Dhabi office is a testament to our international growth and to the strength of the UAE’s economic landscape and brining them closer to their partners, enabling them to deliver innovative solutions backed by transparency and trust.
As per the press release, the group offers more than 20,000 instruments across forex, metals, commodities, shares, indices, and digital assets, MultiBank Group offers its customers diverse opportunities. Established in 2005, the company now serves over 2 million clients across 100 countries, handling daily trading volumes exceeding $35 billion.
MAG real estate developer who just announced a $3 billion tokenization deal with MultiBank Group, a financial derivatives institution in UAE, has dropped its previous agreement with Mantra Chain valued at $500 million.
The property assets MAG mention in their current announcement with MultiBank, and Mavryk, a Layer 1 blockchain tokenization infrastructure provider are the same as those they had previously mentioned with Mantra Chain.
Earlier this month, Layer-1 network Mavryk raised $10 million in a strategic investment led by financial derivatives provider MultiBank Group to expand its real-world asset (RWA) tokenization plans. Already Mavryk Network and MultiBank have an existing partnership to tokenize over $10 billion worth of real estate in the United Arab Emirates through the latter’s RWA platform.
