MultiBank Group Burns 4.86 Million $MBG Tokens, Driving Token Scarcity and Value

MultiBank Group, a leading global financial derivatives institution, has successfully executed its buyback and burn program, permanently removing 4.86 million $MBG tokens from circulation. This milestone follows the group’s record-breaking financial performance, with H1 2025 revenue exceeding $209 million and an average daily trading volume of over $36 billion since the Token Generation Event on July 22. The buyback and burn program underscores MultiBank Group’s commitment to rewarding its community and strengthening the long-term fundamentals of its $MBG Utility Token. By reducing supply, the group is actively driving scarcity and reinforcing token value. The initiative is designed for significant scalability, with up to $58.2 million worth of $MBG expected to be retired in the first year, reaching a cumulative $440 million over five years. 4.86 million tokens were burned as part of this program, with more burn events planned.