Odaily News MultiBank Group, a financial derivation institution, announced that it has completed its first Token buyback and destruction. So far, 4,860,000 MBG coins have been permanently removed from circulation. According to its previously disclosed Token buyback and destruction plan, it is expected to buy back MBG tokens worth $58.2 million in the first year, with a cumulative buyback value of $440 million over five years, to promote Token scarcity and enhance Token value. (Businesswire)

Odaily News MultiBank Group, a financial derivation institution in Dubai, announced a buyback and burn plan for its MBG Token to enhance token scarcity and increase long-term value. The company's revenue for the first half of 2025 reached $209 million, a year-on-year rise of 20%, with a profit of $170 million. (Decrypt)

Gate News Bot news, on August 14, according to CoinMarketCap data, MBG (MultiBank Group) is currently priced at $2.21, with a rise of 0.40% in the last 24 hours, reaching a high of $2.21 and a low of $1.96. The current market capitalization is approximately $194 million, with an increase of $769,500 compared to yesterday. MBG is the utility token of the MultiBank Group ecosystem. MultiBank Group is a large financial group with a daily trading volume of $35 billion and over 2 million clients. The MBG token is backed by $29 billion in assets and has been listed on multiple exchanges. MultiBank Group plans to launch MEX Exchange, with an expected daily trading volume of up to $460 billion. The group is also in

Gate News Bot news, on August 13, according to CoinMarketCap data, as of the time of writing, MBG (MultiBank Group) is currently reported at $2.21, with a rise of 2.32% in the last 24 hours, reaching a high of $2.21 and a low of $1.66, with a 24-hour volume of $102 million. The current market capitalization is approximately $194 million, an increase of $4.39 million compared to yesterday.