Dubai, August 25, 2025 – Mavryk Network, the Layer-1 blockchain platform focused on the large-scale tokenization of real-world assets (RWAs), has announced the official launch of its native token, $MVRK, set to go live on September 18 at 1 PM UTC. The token will be listed on global cryptocurrency exchange MEXC, debuting at an initial price of $0.10.
This token launch marks a key milestone in Mavryk’s broader mission to enable seamless and secure tokenization of real-world assets at scale. The network is already positioned at the heart of a growing RWA economy, with more than $10 billion in tokenized assets expected to move on-chain through its infrastructure. According to the team, the $MVRK token will serve as the operational backbone of the Mavryk ecosystem, supporting functions such as gas fee payments, delegation, co-staking (liquid staking), and serving as collateral in lending and borrowing protocols. At launch, only 5.6% of the total token supply will be in circulation, with over 45% reserved for growth initiatives, staking rewards, and community engagement programs.
Over the past year, Mavryk has made substantial progress in building out both its infrastructure and ecosystem. The company raised $5.2 million in venture funding from firms including Ghaf Capital, Big Brain, and Draper Goren Holm. It also entered a strategic partnership with MultiBank Group to provide white-label tokenization technology for its upcoming RWA platform. This regulated platform, scheduled to launch in 2025, is designed to support both primary and secondary market activity.
In one of its most high-profile deals to date, Mavryk signed an agreement with MAG Lifestyle Development and MultiBank to tokenize $10 billion worth of luxury real estate, including landmark developments such as the Ritz-Carlton Residences and Keturah Reserve in Dubai. To enhance institutional adoption, Mavryk has also integrated with Fireblocks, allowing Fireblocks’ enterprise clients to access Mavryk’s infrastructure and build custom tokenization platforms.
Mavryk’s testnet has already demonstrated strong performance metrics. The network has recorded over 110 million transactions, with more than 2.2 million funded active wallets and upwards of 1.2 million deployed smart contracts. These figures significantly exceeded expectations and are publicly available on the Mavryk Explorer.
“Mavryk is pioneering a new chapter for real-world assets where tokenization, DeFi, and lending converge into one seamlessly interoperable economy,” said Alex Davis, Founder & CEO of Mavryk. “The launch of $MVRK sets the stage for a new era of finance; it opens a gateway that removes barriers and unlocks a world of bespoke financial opportunities for investors everywhere.”
From the first day of trading, users will be able to delegate and co-stake their $MVRK tokens, with high APYs offered to incentivize sustained engagement. In addition, Mavryk’s enterprise-grade SaaS platform, Equiteez, has already been adopted by MultiBank Group and will support regulated trading of tokenized assets in primary and secondary markets.For more information on the $MVRK token generation event and Mavryk’s upcoming developments, visit www.mavryk.org.
