Mavryk Network, the Layer-1 blockchain powering the tokenization of over $10 billion in real-world assets, has announced its integration with Fireblocks.
In a press release shared with Cryptowisser, Mavryk added that this latest development comes as it seeks to deliver a premium real-world asset platform for MultiBank.io, marking one of the largest real estate tokenization efforts to date.
The integration is fueled by the tokenization of MAG Lifestyle Development’s premium real estate portfolio, including The Ritz-Carlton Residences and Keturah Reserve, on MultiBank.io’s RWA platform. Mavryk plays a pivotal role in powering token issuance across RWA lending, as well as in both primary and secondary markets.
The team added that Fireblocks enhances this framework with its trusted MPC-based wallet technology, while MultiBank provides investors with the RWA exchange and asset distribution.
Together, Multibank, Fireblocks, and Mavryk will deliver a fully integrated and regulated environment for secure RWA participation, where Fireblocks wallets seamlessly secure assets on the Mavryk blockchain, enabling users to trade and borrow against tokenized real estate.
While commenting on this latest development, Alex Davis, Founder and CEO of Mavryk, stated that,
“Mavryk’s integration with Fireblocks marks a major milestone in our mission to deliver institutional-grade infrastructure for real-world asset tokenization. By connecting Mavryk’s token issuance layer with Fireblocks’ $100 billion+ custody ecosystem with over 2000 clients, we’re removing the traditional friction points that have held back institutional adoption. Now, institutions can custody, transact, and settle tokenized real estate assets using the same secure infrastructure they already trust. It’s a leap forward; not just for Mavryk, but for the entire RWA space.”
The integration also positions Mavryk’s blockchain within one of the most established digital asset infrastructure platforms in the industry. Users will be able to move USDT from MultiBank’s spot wallet into a dedicated non-custodial RWA wallet, without ever having to worry about private key management, which can then be used to purchase tokenized real-world assets issued on the Mavryk blockchain. After the primary issuance phase, these assets can be traded on a compliant secondary market featuring native KYC, jurisdictional controls, and real-time settlement.
Furthermore, this integration marks a major validation of Mavryk as the blockchain backbone for compliant RWA issuance. It provides Fireblocks’ 2,000+ institutional clients with the option to directly custody, hold, and interact with Mavryk’s native RWA offerings using their existing infrastructure, eliminating operational friction and accelerating institutional adoption.
Mavryk is the next generation Layer-1 blockchain designed to redefine real-world asset (RWA) ownership and nurture the ecosystem, building the tokenization of assets for tomorrow. Designed for scale by providing DeFi applications, a robust infrastructure, and forging deals with major institutional real-world asset providers and regulated partners, Mavryk aims to transform how individuals interact with and leverage tokenized assets. Their vision is to create an interconnected economy through seamless integration of RWA and DeFi.