UFC Champ Khabib Nurmagomedov Enters Tokenization Ring — Mavryk Network Supports Gym Empire
Yahoo Finance·2025-10-30 18:46

Core Insights - Khabib Nurmagomedov is entering the blockchain space with the tokenization of his global gym franchise on the Mavryk Network, part of a multi-billion-dollar deal with MultiBank Group [1][2] - The initiative aims to transform Khabib Gyms into tradeable on-chain assets, allowing investors to purchase fractional ownership through MultiBank.io's RWA platform [2][4] - The partnership between Mavryk and MultiBank combines financial expertise with decentralized blockchain technology to create a secure environment for investors [3] Tokenization and Market Access - Tokenized Khabib Gyms will be available on MultiBank.io for both primary issuance and secondary trading, providing verified investors access to a regulated marketplace [4] - The model allows fans and investors to earn a share of annual yield from gym operations, with all transactions verifiable on the Mavryk blockchain [5][6] - This approach democratizes access to traditionally illiquid assets, aligning financial incentives with brand loyalty [6] Broader Tokenization Vision - The Khabib Gym project is part of Mavryk's larger partnership with MultiBank, which includes the tokenization of over $10 billion in UAE real estate [7]