MultiBank Group,Khabib Launch Multi-Billion-Dollar Regulated Tokenized Sports Venture in Dubai
MultiBank Group,Khabib Launch Multi-Billion-Dollar Regulated Tokenized Sports Venture in Dubai

MultiBank Group,Khabib Launch Multi-Billion-Dollar Regulated Tokenized Sports Venture in Dubai

News summary

MultiBank Group, a leading global financial derivatives institution, has partnered with undefeated UFC champion Khabib Nurmagomedov to launch MultiBank Khabib LLC, a multi-billion-dollar joint venture aiming to create the world's first regulated tokenized sports ecosystem. Headquartered in Dubai, the venture will develop a global network of sports ventures including 30 Khabib-branded gyms and expand initiatives like Gameplan and Eagle FC, all powered by MultiBank's $MBG token, which supports its regulated digital ecosystem and real-world asset technologies. This project integrates finance, sports, and blockchain technology, aligning with Dubai's ambition to become a global hub for digital asset innovation and regulated tokenization of real-world assets. The partnership reflects a significant trend as tokenized real-world assets have seen rapid growth, with major financial institutions entering the space and Dubai establishing clear regulatory frameworks. MultiBank Group brings extensive experience with over 2 million clients and $35 billion in daily trading volume, while Nurmagomedov contributes his global sports influence beyond his undefeated fighting career. Together, they aim to unite athletics and finance in a transparent, technology-driven ecosystem fostering investment and fan engagement.

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