According to Techub News, Decrypt reports that MultiBank Group's crypto arm, mb.io, has partnered with institutions such as Kings Orbis to launch a West African gold tokenization project. The project puts physical gold on-chain through the mb.io RWA platform, with EON3 supplying the gold, Mavryk providing the infrastructure, and the physical gold held in custody by the Dubai-based LBMA certification body. This collaboration is supported by King Otumfuo Osei Tutu II of the Ashanti and aims to digitize the 700-year-old Ashanti gold heritage. In addition to commodity-grade gold, the project will also tokenize gold artworks, opening up African gold investment opportunities to global investors in a divisible digital form.
MultiBank's crypto division launches gold tokenization project in Ghana.
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