Mavryk has successfully secured $10 million in funding from Multibank to support its ambitious $10 billion project focused on real estate tokenization in the UAE. This development is significant as it highlights the growing trend of utilizing blockchain technology in real estate, making property investments more accessible and efficient. The funding will enable Mavryk to enhance its platform, potentially transforming how real estate transactions are conducted in the region.

Mavryk Network has successfully raised $10 million to advance its plans for tokenizing over $10 billion worth of real estate in the UAE, with the investment led by its partner MultiBank. This initiative is significant as it represents a major step towards modernizing real estate transactions in the region, making them more accessible and efficient through blockchain technology.