UAE Mavryk raises $10 million to expand tokenization plans

Layer-1 network Mavryk has 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…
UAE Mavryk raises $10 million to expand tokenization plans

Layer-1 network Mavryk has 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.

The initiative is also supported by major digital asset custody provider Fireblocks, which provides the multiparty computation wallets that safeguard the tokenized assets on Mavryk’s network. This allows investors to trade and borrow against their real estate-backed tokens without having to manage their own private keys.

The funding round follows the $5.2 million raised by its developers, Mavryk Dynamics, in February 2025..

Alex Davis, Founder and CEO of Mavryk Network stated, “This isn’t just an investment, it’s validation of our institutional-first design. MultiBank shares our vision of regulated, seamless markets where traditional assets move into the digital economy with the same security, compliance, and efficiency as traditional finance. Mavryk handles the full lifecycle—from issuance and custody to secondary trading—all within a trusted framework.”

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