$MVRK token to fuel thriving blockchain economy focused on tokenized real-world assets
Mavryk Network, the Layer-1 blockchain powering the tokenization of over $10 billion in real-world assets (RWAs), today announced the launch of its native mainnet token, $MVRK, scheduled to go live on September 18th at 1 PM UTC. The token will debut on leading global exchange MEXC at an initial price of $0.10, marking a major milestone in Mavryk’s mission to bring next-generation tokenization technology to market.
The launch of $MVRK will be a pivotal step in Mavryk’s mission to create an ecosystem equipped to bring billions of dollars’ worth of RWAs on-chain. To date, Mavryk has achieved several significant milestones, including:
With a fully diluted value (FDV) of $100 million, the $MVRK token will serve as the cornerstone of the Mavryk network, powering gas fees, delegation, co-staking (also known as liquid staking), and lending/borrowing collateral. With just 5.6% of tokens circulating at TGE, and over 45% allocated to growth, staking, and community engagement, $MVRK is designed to drive long-term ecosystem value and active community participation.
“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.”
From day one, Mavryk users will be able to leverage delegating and co-staking, unlocking high APYs to incentivize long-term participation. Mavryk’s SaaS solution for primary and secondary tokenized asset markets, Equiteez, has already been white-labeled by MultiBank Group, enabling regulated RWA trading.
Looking ahead, Mavryk’s roadmap is ambitious, with plans to scale on-chain asset value from $10 billion to $40 billion by 2030, expand strategic partnerships, and roll out a full DeFi stack encompassing the Mavryk Wallet, Maven Finance, a decentralized exchange (DEX), perpetuals, mobile adaptations, and Layer-2 integrations. It also intends to launch a range of consumer-grade tools and applications, including a tokenized ETF minter and launchpad.
For more information about the $MVRK TGE and Mavryk Network, visit http://www.mavryk.org.
About Mavryk:
Mavryk is the Layer-1 blockchain designed to revolutionize asset ownership and nurture the RWA community, building the tokenization of assets for tomorrow. By leveraging RWA tokenization, DeFi applications, and robust infrastructure, Mavryk aims to transform how individuals interact with and leverage tokenized assets. Our vision is to create an interconnected network economy through the seamless integration of RWA with DeFi.
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