- Mavryk raised $10 million, led by MultiBank, to accelerate its program to tokenize over $10 billion in UAE real estate.
- Mavryk already has a $3 billion deal with MAG and MultiBank to tokenize luxury real estate and its underlying infrastructure.
- The global RWA market has surged, hitting ~$24 billion, with projections for tokenized real estate in the UAE going beyond.
Mavryk Network, a Layer-1 blockchain designed specifically for real-world asset (RWA) tokenization, has raised $10 million in a strategic investment round. The funding was led by MultiBank Group, which is already Mavryk’s partner in a major initiative to tokenize more than $10 billion worth of real estate in the United Arab Emirates.
The aim is to accelerate real-estate tokenization efforts so that premium UAE real estate becomes accessible and tradable via digital asset tokens. Custody and security will be supported by Fireblocks, which will provide MPC (multiparty computation) wallets to safeguard tokenized assets on the Mavryk Network.
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In early 2025, Mavryk with MultiBank struck a $3 billion deal with MAG Group to tokenize luxury real estate in the UAE, including developments such as The Ritz-Carlton Residences, Dubai, Creekside, and Keturah Reserve.
UAE’s Real-Estate Tokenization Plans
This move significantly boosts momentum for the UAE’s ambition to be a regional and global hub for asset tokenization. By allowing fractional ownership via blockchain tokens, high-end real estate can be opened to smaller investors, improving liquidity in a traditionally illiquid market.
This fundraising will also help build on the ambitious $10 billion pipeline of UAE real estate that is awaiting to be tokenized and will require robust blockchain, custody, regulatory, and secondary market systems, which this money could facilitate.
According to Mavryk’s own reports, the global tokenized real-world asset market was about $24 billion as of mid-2025, having grown ~380% over the previous few years. According to a CoinDesk report, Deloitte has forecast that the global tokenized real estate market could be worth $4 trillion in 10 years.
With partners, capital, and infrastructure, the chances of scaling for Mavryk are increasing. If successful, this could meaningfully reshape how property investment works, making it more accessible, liquid, and global.
