$MBG token supply reduced by 4.86M in first buyback and burn by MultiBank Group

Hong Kong, PRC, August 27th, 2025, Chainwire MultiBank Group, the world’s largest financial derivatives institution, has announced the successful execution of its buyback and burn program, permanen...

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Source: cryptobriefing.com

Hong Kong, PRC, August 27th, 2025, Chainwire MultiBank Group, the world’s largest financial derivatives institution, has announced the successful execution of its buyback and burn program, permanently removing 4,860,000 $MBG tokens from circulation. The milestone follows the Group’s record-breaking financial results, with H1 2025 revenue reaching $209 million and an average daily trading turnover of $36 billion since the Token Generation Event on July 22. The $MBG Buyback and Burn program underscores MultiBank Group’s commitment to rewarding its community while strengthening the long-term fundamentals of the $MBG Utility Token.