MultiBank Group's mb.io Brings African Gold On-Chain with Institutional Partners

MultiBank Group's crypto arm, mb.io, has taken a significant step towards bringing African gold on-chain with its latest partnership. Mb.io has joined forces with Kings Orbis, EON3 Group Ghana Ltd, and Mavryk to develop an institutional-grade tokenization programme for physically-backed gold sourced from West Africa.

The partnership unites four key players in the industry: mb.io as the regulated tokenization marketplace, Kings Orbis as the programme coordinator, EON3 Group as the dedicated institutional supply partner, and Mavryk as the Layer 1 blockchain and RWA tech infrastructure partner. This collaboration is expected to give global investors access to one of the world's oldest and most trusted stores of value in a fully digital, fractional, and regulated form.

The programme will be powered by Mavryk's purpose-built infrastructure, providing the technical foundation for issuing, settling, and trading tokenized physical gold at institutional scale. Each token will represent direct ownership of the underlying physical gold, vaulted in Dubai under LBMA-approved custody. Beyond commodity-grade gold, the partnership will also tokenize a curated collection of Gold Art – physical artworks crafted from and inspired by Ashanti gold.

The African gold programme is one of the largest initiatives currently in active development on mb.io RWA, which is being built to support institutional-grade tokenization across multiple asset classes. The programme's architecture is designed around verified physical asset backing and independent institutional oversight at every stage of the lifecycle.