MultiBank Group, a global financial derivatives institution, has announced a strategic buyback and burn program for its $MBG Utility Token, a move underpinned by its strong financial performance in the first half of 2025, which saw revenues reach $209 million and profits hit $170 million.
The initiative, designed to enhance scarcity and drive long-term value for $MBG token holders, follows a significant increase in the token’s value. Since its debut on July 22, $MBG has climbed to seven times its listing price across platforms including MultiBank.io, MEXC, Gate.io, and Uniswap, establishing it as a closely observed digital asset globally. The $209 million in revenue represents a 20% year-on-year growth for MultiBank Group.
Under the program, $MBG tokens will be repurchased from the open market and permanently removed from circulation. Projections indicate up to $58.2 million in buybacks within the first year, with a cumulative total of $440 million anticipated over the initial five years.
Naser Taher, Founder and Chairman of MultiBank Group, stated, “This is our way of thanking our customers and community for their trust. We’ve established a solid foundation in traditional finance, and the rapid adoption of $MBG proves we’re equally ready to lead in digital assets. The token burn program is just the beginning, and we have more major announcements on the horizon.”
The $MBG token is integral to MultiBank’s four-pillar ecosystem, which spans traditional finance, institutional trading, retail crypto exchange services, and real-world asset tokenization.
MultiBank TradFi, the Group’s traditional CFD operation, generated $362 million in revenue last year. Traders can utilize $MBG within this segment for reduced fees and access to enhanced platform features.
The MEX Exchange (Institutional ECN) operates as a hybrid FX and crypto Electronic Communication Network (ECN) targeting emerging markets, processing a daily trading volume of $23.7 billion. For institutional clients, $MBG facilitates automated settlement, reduces counterparty risk, and enables smart contract-based margin and Delivery versus Payment (DvP) mechanisms.
MultiBank.io, the Group’s crypto exchange, holds regulatory licenses in multiple jurisdictions, including the UAE and Australia, offering both spot and leveraged trading. $MBG provides users with reduced costs, early access to launchpad projects, staking opportunities, and participation in token-related initiatives.
The MultiBank.io RWA division is built on Mavryk’s layer-1 blockchain and includes a $3 billion real estate deal with MAG Lifestyle Development, which is described as the largest real-world asset (RWA) tokenization initiative to date. $MBG holders benefit from fee discounts and early access to these tokenized projects.
These four pillars are central to MultiBank Group’s ongoing expansion and momentum, which is also reflected in its growing community, boasting over 396,000 members on Telegram and more than 280,000 followers across its X channels. With over two million clients globally, more than 17 financial licenses across five continents, and a compliance record maintained since 2005, MultiBank Group intends to accelerate its blockchain and DeFi infrastructure development to introduce further value-driven initiatives.
Established in California, USA, in 2005, MultiBank Group is a global financial derivatives institution serving over two million clients in more than 100 countries. The company reports a daily trading volume exceeding $35 billion and offers a range of brokerage and asset management services. It operates under the regulation of over 17 financial authorities across five continents.
