Mavryk Network, a Layer-1 blockchain focused on real-world asset (RWA) tokenization, has announced the upcoming launch of its native token, $MVRK, which will go live on September 18 at 1 PM UTC on MEXC at an initial price of $0.10.
The $MVRK token will serve as the foundation of Mavryk’s growing ecosystem, powering gas fees, delegation, co-staking (liquid staking), and collateralized lending. With only 5.6% of tokens in circulation at launch, and over 45% allocated to community and growth initiatives, the structure is designed to incentivize long-term engagement.
The launch follows a series of strategic developments. Mavryk has raised $5.2 million from leading investors, including Ghaf Capital, Big Brain, and Draper Goren Holm. It has partnered with MultiBank Group to launch a regulated tokenized asset platform and signed a $10 billion real estate tokenization deal with MAG Lifestyle Development, covering assets such as Dubai’s Ritz-Carlton Residences and Keturah Reserve.
Mavryk has also integrated with Fireblocks, enabling institutional clients to build white-labeled RWA platforms on its infrastructure. On the technical side, its testnet has surpassed expectations with over 110 million transactions, 2.2 million active wallets, and 1.2 million deployed contracts, live data available via the Mavryk Explorer.
“Mavryk is pioneering a new chapter for real-world assets where tokenization, DeFi, and lending converge into one seamlessly interoperable economy,” said Alex Davis, Founder & CEO of Mavryk. “The launch of $MVRK sets the stage for a new era of finance; it opens a gateway that removes barriers and unlocks a world of bespoke financial opportunities for investors everywhere.”
At launch, users will be able to delegate and co-stake $MVRK to earn high APYs. Mavryk’s SaaS solution, Equiteez, has already been adopted by MultiBank to support regulated RWA trading.
Looking ahead, Mavryk plans to scale its tokenized asset base to $40 billion by 2030 and expand its DeFi stack, including a DEX, wallet, perpetuals, Layer-2 integrations, and consumer-facing tools such as a tokenized ETF minter and launchpad.
