Dubai, U.A.E, May 11th, 2026, Chainwire
MultiBank Group’s crypto arm mb.io, brings African gold on-chain by partnering with Kings Orbis, EON3 Group, and Mavryk.
Institutional gold tokenisation programme to be powered by mb.io RWA, with vaulting in Dubai under LBMA-approved custody, dedicated supply from EON3 Group, and Mavryk as the Layer 1 blockchain and RWA tech infrastructure partner.
Senior representatives of all four partners attended the World Peace Summit in Kumasi, Ghana on Friday, 24 April 2026, where they participated in discussions held under the Pillars of Peace movement. The visit included a private audience with His Majesty Otumfuo Osei Tutu II, Asantehene King of the Ashanti Kingdom, who has expressed his personal support for the success of this partnership. The meeting underscored the cultural significance of West African gold and the responsible institutional framework the partnership is designed to deliver.
The Ashanti Kingdom, one of West Africa’s most historically significant kingdoms, has been synonymous with gold for centuries. The region was known globally as the “Gold Coast” for its unmatched gold reserves and has produced gold for over 700 years, supplying global trade routes and shaping the cultural and economic identity of modern Ghana. This collaboration brings that legacy on-chain, making Ashanti gold accessible to a global investor base for the first time in a digitally native, fractionally tradeable form.
Each token represents direct ownership of the underlying physical gold, vaulted in Dubai under institutional-grade custody. Beyond commodity-grade gold, the partnership will also tokenise a curated collection of Gold Art — physical artworks crafted from and inspired by Ashanti gold — honouring the cultural legacy of His Majesty Otumfuo Osei Tutu II, the Asantehene and a globally recognised advocate for the Pillars of Peace movement.
Under the architecture being developed, each token will represent direct institutional ownership of the underlying physical gold, vaulted in Dubai under LBMA-approved institutional custody. Kings Orbis is structuring the programme on a single founding principle: every token in circulation must be backed by an independently verified physical asset, with institutional oversight at every stage of the lifecycle, from sourcing and refining through vaulting, tokenisation, and secondary trading.
The program is delivered through mb.io RWA, MultiBank Group's digital asset and tokenization arm. mb.io runs a regulated crypto exchange and will be launching a dedicated marketplace for tokenized real-world assets. Self-custodial wallets and on-chain compliance are built into the platform from the ground up.
mb.io is a globally regulated cryptocurrency exchange, placing it among a small group of tokenization platforms with genuine regulatory backing in one of the world’s most active digital asset jurisdictions.
The African gold programme is one of the largest initiatives currently in active development on mb.io RWA, which is being built to support institutional-grade tokenization across multiple asset classes.
The programme is powered by Mavryk, mb.io's dedicated Layer 1 blockchain and RWA tech infrastructure partner. Mavryk's purpose-built infrastructure provides the technical foundation for issuing, settling, and trading tokenised physical gold at institutional scale, with the compliance hooks, lifecycle controls, and interoperability that regulated programmes require. Mavryk has been integrated as the dedicated Layer 1 across mb.io's RWA programme, ensuring a consistent technology stack across asset classes.
Comments from the partners
Christian Rainer Arndt, Managing Partner of DEVPRAG FZCO and principal of Kings Orbis FZCO, said: “Kings Orbis has been built on the principle that institutional-grade tokenisation requires institutional-grade architecture, verified supply, regulated custody, and independent oversight at every stage. Our supply partnership with EON3 Group Ghana Ltd anchors the programme in a credible institutional supply chain, and this partnership with mb.io and Mavryk brings the platform, the infrastructure, and the programme coordination into a single institutional framework. We are progressing carefully and look forward to sharing more in due course.”
Richard Ofori Atta, Chairman of EON3 Group Ghana Ltd, said: “EON3 has spent years building the operational foundations to bring African gold to international markets in physical form, particularly through our minting and refining work in producing investment-grade bullion. With this partnership, we now take that work into its next chapter, digitising and tokenising African gold under institutional architecture, in collaboration with Kings Orbis, mb.io, and Mavryk. It is a natural and important evolution that opens new pathways for African gold as a credible, transparent, and globally accessible institutional asset.”
Alex Davis, Co-Founder and CEO of Mavryk, said: “Mavryk was built specifically for real-world assets, with a focus that makes a programme like this possible at institutional scale. Tokenising African gold is precisely the kind of initiative our infrastructure was designed for, and a partnership we are proud to be part of. Together with mb.io, Kings Orbis, and EON3, we are powering this programme as the dedicated Layer 1 and RWA tech partner across every stage of the architecture.”
About MultiBank Group
About Kings Orbis
About EON3 Group Ghana Ltd
EON3 Group Ghana Ltd, headquartered in Accra, Ghana, is an African gold institutional enterprise active in the responsible sourcing, refining, and physical minting of African gold into investment-grade bullion. Through licensed and compliant channels, EON3 Group works with established refining and supply networks across the continent to deliver institutional-grade gold supply to international markets.
About Mavryk
Mr.Nikolas Neofytoumb.io
