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mb.io, the crypto arm of MultiBank Group, has confirmed an institutional partnership with Kings Orbis, EON3 Group Ghana Ltd, and Mavryk to develop an institutional-grade tokenization program for physically-backed gold sourced from West Africa.
The partnership unites four institutional roles in a single architecture: mb.io RWA as the regulated tokenization marketplace, Kings Orbis as program coordinator, EON3 Group as the dedicated institutional supply partner, and Mavryk as the Layer 1 blockchain and RWA tech infrastructure partner. Vaulting will be handled in Dubai under LBMA-approved institutional custody.
A Partnership Rooted in History
Senior representatives from all four partners attended the World Peace Summit in Kumasi, Ghana on April 24, 2026, participating in discussions under the Pillars of Peace movement. The visit included a private audience with His Majesty Otumfuo Osei Tutu II, Asantehene and King of the Ashanti Kingdom, who expressed his personal support for the partnership.
The cultural weight behind this program is significant. The Ashanti Kingdom has been synonymous with gold for centuries — the region was known globally as the “Gold Coast” for its unmatched reserves, producing gold for over 700 years and shaping the economic and cultural identity of modern Ghana. This collaboration brings that legacy on-chain for the first time, making Ashanti gold accessible to a global investor base in a digitally native, fractionally tradeable form.
 
How It Works
Each token represents direct institutional ownership of underlying physical gold, independently verified and vaulted in Dubai under LBMA-approved custody. Kings Orbis has structured the program on a single founding principle: every token in circulation must be backed by an independently verified physical asset, with institutional oversight at every stage — from sourcing and refining through vaulting, tokenization, and secondary trading.
Beyond standard commodity gold, the partnership will also tokenize a curated collection of Gold Art — physical artworks crafted from and inspired by Ashanti gold — honoring the cultural legacy of His Majesty Otumfuo Osei Tutu II and his role as a globally recognized advocate for the Pillars of Peace movement.
The Infrastructure Behind the Program
The program is delivered through mb.io RWA, MultiBank Group’s digital asset and tokenization arm. mb.io operates a globally regulated crypto exchange — placing it among a small group of tokenization platforms with genuine regulatory backing — and is launching a dedicated marketplace for tokenized real-world assets, with self-custodial wallets and on-chain compliance built into the platform from the ground up.
The technical foundation is provided by Mavryk, mb.io’s dedicated Layer 1 blockchain and RWA infrastructure partner. Mavryk’s purpose-built stack handles the issuance, settlement, and trading of tokenized physical gold at an institutional scale, with the compliance controls, lifecycle management, and interoperability required by regulated programs. Mavryk has been integrated as the dedicated Layer 1 across mb.io’s entire RWA program, ensuring a consistent technology stack across asset classes.
The African gold program 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.
Zak Taher, CEO of mb.io and Chief Business Officer of MultiBank Group, said: “This partnership represents a defining moment for real-world asset tokenization. By bringing the heritage and value of Ashanti gold on-chain through mb.io RWA, we are giving global investors access to one of the world’s oldest and most trusted stores of value in a fully digital, fractional, and regulated form. The additional Gold Art collection adds an extraordinary cultural dimension to this initiative, connecting tradition, art, and finance in a way that has never been done before.”
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 tokenization requires institutional-grade architecture, verified supply, regulated custody, and independent oversight at every stage. Our supply partnership with EON3 Group Ghana Ltd anchors the program in a credible institutional supply chain, and this partnership with mb.io and Mavryk brings the platform, the infrastructure, and the program 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.”