MBG By Multibank Group

MBG is the native token of MultiBank Group, a traditional financial services firm, and is classified as a DeFi application token within the Ethereum ecosystem. It is designed to connect MultiBank Group's conventional financial operations — which the project describes as involving $29 billion in assets and over $35 billion in average daily trading volume as of April 2025 — with Web3 infrastructure. The token is intended to carry utility across a set of interconnected financial services described as four self-sustaining pillars.

MBG exists on the Ethereum network, placing it within Ethereum's consensus and settlement framework rather than operating its own blockchain. The token is described as exchange-based, suggesting its utility is tied to activity within MultiBank Group's trading and financial ecosystem. Beyond that association, the publicly stored data does not detail specific on-chain mechanisms such as staking, governance, or fee-routing functions.

The data stored for MBG does not include a fee stream, revenue figures, or details about who pays fees or who receives them, so fee-based performance measures cannot be calculated for this asset. What is recorded are supply figures: approximately 329.2 million tokens are currently in circulation, representing about 32.9 percent of the one-billion-token maximum supply at this point in time. The remaining roughly 67 percent of the maximum supply has not yet entered circulation, producing a dilution overhang of approximately 196.9 percent relative to the current circulating supply, also measured at this point in time. The fully diluted valuation is approximately 2.97 times the current market capitalisation, reflecting the gap between circulating and maximum supply.