Ghana Gold Goes Digital Through MultiBank's Crypto Arm

Tokenizing African Gold: A New Era

MultiBank Group's crypto division, mb.io, has partnered with Kings Orbis, EON3 Group, and Mavryk to bring African gold onto the blockchain in Dubai. The collaboration was announced on May 11, 2026.

The partnership aims to tokenize institutional gold, with mb.io's Real-World Assets (RWA) platform at its core. The gold will be stored in a Dubai vault under the custody of a London Bullion Market Association (LBMA)-approved entity. EON3 Group and Mavryk will provide a dedicated gold supply and utilize Mavryk's layer-one blockchain technology.

The program will allow for the digital representation of physical gold, increasing accessibility and potentially reducing transaction costs. By leveraging blockchain technology, the partners aim to create a more transparent and secure gold trading environment.

Is Blockchain the Future of Gold Trading?

Mavryk's layer-one blockchain will provide the foundation for the tokenization process, while mb.io's RWA platform will enable the creation of digital assets backed by physical gold. The LBMA-approved custody arrangement in Dubai ensures the secure storage of the gold.

The tokenization of African gold is expected to have significant consequences for the precious metals market, potentially increasing liquidity and opening up new investment opportunities. As the project moves forward, it is likely to attract attention from investors and industry stakeholders.

Frequently Asked Questions

What is the role of mb.io in the partnership? mb.io is the crypto arm of MultiBank Group, responsible for powering the institutional gold tokenization program with its RWA platform.

How will the gold be stored? The gold will be vaulted in Dubai under the custody of an LBMA-approved entity, ensuring secure storage.

What technology is being used for the tokenization process? Mavryk's layer-one blockchain technology is being utilized to facilitate the tokenization of the gold.