The MultiBank Group has announced its new blockchain and cryptocurrency arm, MultiBank.io. MultiBank is recognized as the most regulated derivatives financial institution in the world and it comprehensively leads the current Web3 era by introducing sponsorship of Masters winning golfer Danny Willett.
Naser Taher, Chairman, MultiBank Group, commented, “Unveiling the new MultiBank.io brand is the first step in a multi-year blockchain and cryptocurrency roadmap for the MultiBank Group. We look forward to revealing more detailed plans in the near future for our community of 320,000 global users. But as we’ve shown in building MultiBank Group into one of the world’s largest derivatives providers over the last 17 years, our goal is to compete at the forefront of the industry. We are excited to bring a fresh, compelling offering to the digital assets trading market, combining our proven pedigree in financial innovation with the endless possibilities of Web3 technology.”
Previously named, MEX Digital, the new blockchain and cryptocurrency arm of MultiBank will serve with new digital assets from Mid-2022. It would be MultiBank’s first venture into cryptocurrency and blockchain with a paid-up capital of over $322 million.
MultiBank.io is the Official Partner of Masters winning British golfer Danny Willett in every professional golf tournament and exhibition for 2022 as part of its new brand launch. The seven-time winner of several golf titles is also set to release a series of NFTs along with MultiBank.io.
Zak Taher, COO, MultiBank.io, stated, “We’re launching an ambitious suite of blockchain and crypto-enabled financial services this year, and we’re partnering with only the best. Danny Willett is world-class, and we are enormously proud to be partnering with a sportsman of his calibre. He has a winning pedigree with a Masters victory and another seven international titles to his name already, and we wish him the greatest success for this season.”