Mavryk secures $3B deal with MAG and Multibank in largest real estate RWA tokenization to date

In a move that reshapes the scale of blockchain-backed investing, Mavryk Dynamics on Thursday announced a partnership with MAG and Multibank Group to tokenize institutional real estate and bring $3 billion worth of assets on-chain.

The deal, which will tokenize yield-bearing assets like luxury hotels and prime developments, marks the largest real-world asset (RWA) tokenization event to date.

The assets, which include marquee names like the Ritz-Carlton and Dubai’s Ketura Reserve, will be hosted on Mavryk’s Layer 1 blockchain. MultibankIO’s newly launched Multibank RE platform will handle the primary sales and secondary trading, giving verified investors direct access to institutional-grade real estate in a way that hasn’t been done at this scale.

For context, MAG and Multibank generated around $360 million in 2024. Together, they oversee billions in real estate holdings, and this new tokenization move signals a clear shift in how major players are approaching blockchain-backed ownership. Mavryk Dynamics will act as the tech provider behind the scenes, ensuring the infrastructure is in place to manage tokenization, DeFi integrations like lending, and asset distribution.

An initial $3 billion of MAG’s assets will be tokenized and made available on the Mavryk Network. Verified users will be able to purchase fractional ownership of these real estate assets and earn yield on them — something that’s been mostly out of reach for everyday investors until now.

The deal also opens the door for broader adoption. Multibank Group brings regulatory firepower to the table with licenses that make cross-border access easier. That means retail users around the globe could soon tap into premium real estate, without ever setting foot in Dubai.

Founded by Alex Davis, Mavryk Network is a Layer 1 blockchain purpose-built for real-world assets. It allows businesses to turn traditionally illiquid properties into tradable digital assets. Mavryk supports fractional ownership, secondary trading, and on-chain lending, giving both institutions and individuals access to a new class of assets through a secure and transparent network.

Alex Davis, founder of Mavryk, summed it up: “Mainstreaming RWA tokenization calls for the right assets, the right companies, and the right ecosystem in which to launch them. With MAG and Multibank providing access to some of the world’s most coveted real estate and luxury brands, the assets & distribution are in place for this to happen. And with the support of MutlibankIO and Mavryk, the infrastructure is also in place to make billions of dollars of desirable RWAs accessible to retail users for the first time.”