MultiBank, MAG, and Mavryk Launch $3B Tokenized Real Estate Project
At the center of this initiative is the upcoming launch of the $MBG token, a utility asset that will serve as the operational backbone of MultiBank’s digital finance platform.
At the center of this initiative is the upcoming launch of the $MBG token, a utility asset that will serve as the operational backbone of MultiBank’s digital finance platform.
Founder and CEO Michael Wu took part in a panel discussion at the event titled Mastering Web3 Finance and Compliance: Blockchain & Beyond, where he emphasized the region's regulatory clarity as a unique advantage.
The new $222 million fund is backed by just 15 limited partners, primarily composed of high-net-worth individuals and family offices.
Avalanche is investing aggressively in the Indian region, working closely with more government agencies on welfare projects and rolling out a mini-grants program to encourage builders at all stages to build on their platforms.
According to Precedence Research, the global Web3 gaming market is projected to surge from $31.49 billion in 2024 to approximately $182.98 billion by 2034. This growth is expected to be fueled by a growing number of mainstream titles, including Gunzilla Games' Off The Grid launching on PlayStation 5, and the global FIFA franchise venturing into Web3 versions.