PANews reported on September 17th that, according to CoinDesk , the Mavryk Network , a Layer-1 public blockchain, announced the completion of a $ 10 million strategic funding round led by MultiBank Group . The funds will be used to advance its partnership with MultiBank to bring over $ 10 billion in UAE real estate assets onto blockchain. The project, powered by a multi-party computing wallet provided by digital asset custodian Fireblocks , will allow investors to trade and stake real estate tokens through the Mavryk platform without having to manage their own private keys.
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