Mavryk and Fireblocks Launch $10 Billion Tokenized Real Estate Initiative

Mavryk has announced a groundbreaking collaboration with Fireblocks to facilitate the tokenization of over $10 billion in premium real estate assets on the MultiBank.io platform. This partnership marks a significant advancement in the real-world asset (RWA) sector, positioning Mavryk as a key infrastructure layer for institutional adoption of tokenized assets.

The integration focuses on luxury real estate offerings, including properties from MAG Lifestyle Development, The Ritz-Carlton Residences, and Keturah Reserve. These assets are now available for sale through the RWA platform operated by MultiBank.io. Mavryk will play a crucial role in token issuance and RWA lending, while Fireblocks will provide advanced custody and transaction flows using its multi-party computation (MPC) wallet technology.

Creating a Compliant Ecosystem

The collaboration creates a fully compliant and integrated ecosystem for the trading and borrowing of tokenized real estate. Users can transfer USDT from MultiBank’s spot wallet to a dedicated, non-custodial RWA wallet without the need to manage private keys. This wallet enables the purchase of tokenized real estate assets issued on Mavryk’s platform.

Once acquired, these assets can be traded on a compliant secondary market, which features built-in Know Your Customer (KYC) requirements, jurisdictional controls, and real-time settlement capabilities. The partnership effectively facilitates compliant, on-chain tokenization of real estate and other tangible assets.

According to Alex Davis, Founder and CEO of Mavryk, “By connecting Mavryk’s token issuance layer with Fireblocks’ $100 billion+ custody ecosystem with over 2000 clients, we’re removing the traditional friction points that have held back institutional adoption.” He added that institutions can now custody, transact, and settle tokenized real estate assets using a secure infrastructure they already trust.

Implications for the Future of Tokenization

This partnership serves as a significant validation of Mavryk’s role as a leading blockchain for regulated, scalable, and secure tokenized asset issuance. Fireblocks’ extensive global client base now gains direct access to Mavryk-native RWA offerings, streamlining the experience and unlocking substantial new capital and participation opportunities.

As tokenization increasingly becomes a cornerstone of the financial landscape, Mavryk is rapidly establishing itself as a major player. The initiative not only emphasizes the potential of compliant, real-world asset ownership but also highlights the transformative impact of blockchain technology in traditional markets.

For more information, visit Mavryk.org.

For press inquiries, contact: Muskan Chhajer at [email protected] or connect via Telegram: @milliegoeseast.