mb.io Partners with Kings Orbis, EON3, and Mavryk to Tokenize West African Gold on May 11

According to mb.io, the crypto arm of MultiBank Group partnered with Kings Orbis, EON3 Group Ghana Ltd, and Mavryk on May 11 to launch an institutional-grade tokenization programme for physically-backed gold sourced from West Africa. Each token represents direct ownership of underlying physical gold, vaulted in Dubai under LBMA-approved custody. The partnership was announced following a visit by senior representatives of all four partners to the World Peace Summit in Kumasi, Ghana on April 24, 2026, where they received personal support from His Majesty Otumfuo Osei Tutu II, Asantehene King of the Ashanti Kingdom. The programme will also tokenize a curated collection of Gold Art crafted from Ashanti gold, honouring the cultural legacy of the Ashanti Kingdom.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

HBAR Gains Attention as Hedera Expands Into Insurance Data

Key Insights Hedera entered the insurance sector through HashSphere integration, creating steady HBAR transaction demand tied directly to property data verification. Eight leading United States property insurers joined the initiative, strengthening Hedera’s enterprise adoption narrative and

CryptoNewsLand10m ago

Creek Finance Launches Gold RWA Protocol on Sui, Integrates Matrixdock's XAUm on May 12

According to BlockBeats, Creek Finance launched its core protocol on Sui mainnet on May 12, integrating Matrixdock's XAUm gold token. The protocol enables users to fractionalize, collateralize, trade, and generate yield on tokenized physical gold, with XAUm backed 1:1 by physical gold and verified t

GateNews1h ago

Anchorage Digital Steps Back from Leading Role in USDG Stablecoin Alliance on May 12

According to BlockBeats, Anchorage Digital, the U.S. federal-chartered crypto bank, on May 12 reduced its leading role in the Global Dollar (USDG) stablecoin alliance, shifting toward a more neutral strategy. CEO Nathan McCauley stated the company will adopt a higher degree of neutrality in stableco

GateNews2h ago

GMatrixs and MiniverseCore Announce Strategic Partnership to Expand Web3 Gaming on May 10

According to GMatrixs' official announcement on May 10, 2026, the Web3 gaming platform has entered into a strategic collaboration with MiniverseCore, a multichain ecosystem focused on blockchain gaming and decentralized applications. The partnership integrates MiniverseCore's cross-chain

GateNews3h ago

DB Securities Selected to Launch STO Platform for Carbon Assets in Busan

According to the Ministry of Science and ICT and Korea Internet & Security Agency, DB Securities has been selected as the preferred bidder to develop a security token offering platform for carbon reduction assets in Busan, with development expected to begin later this month. The initiative, part of

GateNews4h ago

AurumX Completes Strategic Acquisition of Manadia to Strengthen Web3-AI Infrastructure

According to ChainCatcher, AurumX, a blockchain-based trading and settlement infrastructure platform, completed a strategic acquisition of Manadia, a verifiable data settlement protocol, in May 2026. The acquisition aims to strengthen AurumX's capabilities in Web3-AI infrastructure and

GateNews4h ago
Comment
0/400
No comments