MultiBank Group Executes $4.86M Token Buyback & Burn Program

MultiBank Group, a world-leading financial derivatives institution, has successfully completed its buyback and burn program for the $MBG Utility Token, permanently removing 4.86 million tokens from circulation. This milestone follows record-breaking financial results for the company during the first half of 2025, with revenues reaching $209 million and a daily trading volume exceeding $36 billion since the Token Generation Event on July 22. The initiative underscores MultiBank Group’s commitment to rewarding its community while bolstering the long-term value of the $MBG token. By reducing supply, the company aims to drive scarcity and reinforce token value. The program is designed for scalability with up to $58.2 million worth of $MBG tokens expected to be retired in the first year, totaling $440 million over five years.