MultiBank Group, a leading regulated financial derivatives company, is entering the digital asset space. The firm recently launched a new platform called MultiBank.io and plans to release its token, MBG, built on the Ethereum network. This is a big move as the group becomes one of many companies in the crypto industry that connect traditional finance with decentralized finance (DeFi). MultiBank To Offer Both Traditional and Crypto Services MultiBank now offers both traditional and crypto services under strict regulation. Its new digital platform, MultiBank.io, is designed to let users trade crypto and use leverage options up to 125 times. MultiBank.io supports deposits and withdrawals in currencies like AED, EUR, and USD, making it easy for users worldwide to access crypto through a trusted provider. The digital platform is not just another crypto exchange. It is backed by years of experience, strong global licenses, and a trusted reputation. This move is part of a broader industry trend: Big financial companies like BlackRock, Fidelity, and Goldman Sachs are now offering crypto-related services . Even banks like BNY Mellon and Standard Chartered are getting involved . Institutional investors are stepping into the crypto scene to serve growing client interest and shape finance’s future. MBG Token To Bring Real Use from Day One The MBG token is set to bring users real value from the beginning. Users can use the token to pay trading fees across MultiBank platforms and receive cash back. A tiered structure will allow users to unlock rewards and discounts based on how much MBG they hold or use. Users can also stake MBG on MultiBank.io to earn yields through annual percentage yield (APY) programs. This initiative is designed to help existing MultiBank clients. These are those who already trade forex, metals, and commodities, expand safely and easily into crypto. With over two million clients and $35 billion in daily trades, MultiBank now brings trusted, regulated crypto services to its users worldwide. MBG Token Launch and Future Plans The MBG token is designed to grow stronger over time. It follows a deflationary plan, meaning the supply will slowly decrease. In the first year alone, MultiBank plans to spend $58.2 million to buy back and burn tokens. Over the next four years, the goal is to remove up to 50% of the total supply. The token will launch in June 2025 through a Token Generation Event (TGE) and will be listed first on a major crypto exchange. After that, it will be available on the firm’s platform. The post MultiBank Group Enters Crypto With New MBG Token: Details appeared first on TheCoinrise.com .
