MULTIBANK GROUP, one of the world’s largest financial derivatives institutions, has entered into an exclusive, multi-billion-dollar global joint venture with undefeated UFC champion and global sports icon Khabib Nurmagomedov.
The partnership aims to create a first-of-its-kind regulated ecosystem connecting global finance, sport, and technology.
The new entity, MultiBank Khabib LLC, will be based at MultiBank Group’s headquarters in Dubai and will develop a worldwide network of sports ventures and real-world digital assets.
The collaboration realises the vision MultiBank Group founder and chairman Naser Taher to establish a global joint venture under the Khabib Nurmagomedov brand. The agreement grants MultiBank exclusive rights to develop and promote projects including 30 state-of-the-art Khabib gyms, as well as initiatives linked to the Gameplan and Eagle FC brands.
The venture is underpinned by MultiBank Group’s regulated digital ecosystem and powered by its proprietary $MBG Token, which will serve as the driving force behind its portfolio of real-world asset (RWA) technologies and initiatives.
Taher said, “From the UAE, we are shaping a new blueprint for the business of sport through the regulated tokenization of real-world sports assets (RWA). Together with Khabib Nurmagomedov, and powered by our ecosystem token, $MBG, we are uniting finance and athletics into a single transparent, technology-driven ecosystem — one built on trust, innovation, and the strength of the MultiBank framework. This initiative proudly aligns with the UAE’s vision of becoming a global hub for digital asset innovation and world-class sports.”
Khabib Nurmagomedov added, “This partnership with MultiBank Group is built on shared values of strength, respect, and discipline. Together with MultiBank Group, we are building real global opportunities that go beyond sport, empowering athletes and fans through a regulated and innovative digital ecosystem. This is only the beginning.”
