MultiBank Group unveils MBG buyback and burn program to bolster token value

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Ivan Andriyenko

22.08.2025

MultiBank Group unveils MBG buyback and burn program to bolster token value — MultiBank expands digital ecosystem

MultiBank Group, one of the world’s largest providers of financial derivatives, has announced the launch of a large-scale buyback and burn program for its MBG utility token. The new initiative is aimed at strengthening the company’s digital ecosystem and comes alongside impressive half-year results for 2025: revenue reached $209 million (up 20% year-on-year), while net profit totaled $170 million.

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Since its debut on July 22 on major platforms such as MultiBank.io, MEXC, Gate.io, and Uniswap, the MBG token has surged more than sevenfold in value, quickly becoming one of the most talked-about instruments in the global market, according to the company. The program provides for repurchasing tokens from the open market and permanently removing them from circulation. MultiBank expects this to increase scarcity and boost the long-term value of the asset for holders.

In its first year, the company plans to allocate up to $58.2 million for buybacks, with a cumulative figure projected to reach $440 million over five years. Founder and Chairman Naser Taher stated: “This is our way of thanking our customers and community for their trust. We have built a strong foundation in traditional finance, and the rapid adoption of MBG proves we are equally ready to lead in digital assets. The token burn program is just the beginning, with more major announcements ahead.”

Ecosystem integration

The MBG token lies at the core of four key MultiBank platforms:

MultiBank TradFi — the flagship CFD business that generated $362 million in revenue last year, where MBG provides fee discounts and access to premium features.

MEX Exchange — an institutional-grade FX and crypto ECN valued at $23.7 billion, where MBG facilitates settlements, reduces risk, and supports smart contract-based margin and DvP.

MultiBank.io — a regulated crypto exchange in the UAE and Australia offering staking, launchpad access, and reduced costs for token holders.

MultiBank.io RWA — a real-world asset tokenization project on the Mavryk blockchain, including a $3 billion real estate deal with MAG Lifestyle Development.

Global presence

The initiative underscores the company’s strategy of expanding into digital assets while leveraging its 17 financial licenses worldwide. With over two million clients and a fast-growing online community, MultiBank Group positions MBG as a bridge between traditional finance and the blockchain infrastructure of the future.

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