MultiBank Group CEO Zak Taher On The Evolution Of Multi-Asset Brokerage And RWA Tokenization

The financial trading world stands at a turning point. Traditional brokers grapple with outdated systems and complex regulations, even as traders demand seamless access to both conventional instruments like stocks and forex, alongside digital assets such as crypto, all on a single platform—a market reshaping shift highlighted by McKinsey’s reports.

Could blockchain and tokenized assets truly herald a fairer, more dynamic trading future?

Curious about this new paradigm, Olayimika Oyebanji sat down with Zak Taher, CEO of MultiBank Group, to uncover insights into navigating these challenges and the company’s $3 billion Dubai RWA Tokenization deal.

Thank you for taking the time to chat with us. Can you briefly tell us about yourself?

Thank you for having me. I am Zak Taher, the CEO of MultiBank Group. I have spent over two decades in the financial services industry, leading teams and businesses through periods of transformation, volatility, and innovation.

At MultiBank Group, I’ve been fortunate to help shape our evolution into one of the world’s leading financial institutions with over 12 global licenses, more than 2 million clients, and daily trading volumes exceeding $12 billion.

Today, we are not just a brokerage firm—we are building a complete financial ecosystem that integrates traditional markets with the digital economy.

McKinsey’s report highlights increased client demand for integrated platforms offering equities, forex, crypto, and derivatives. What do you see as the primary drivers behind this?

The market is converging. Traders and investors no longer want to navigate multiple fragmented platforms. They demand a single, seamless interface to manage everything—from forex to crypto, equities to derivatives. This shift is driven by a new generation of digitally native users who prioritize speed, flexibility, and control.

At the same time, institutional clients are seeking greater capital efficiency and transparency. It’s a clear signal that the financial world is no longer divided between “traditional” and “digital”—it’s all becoming one ecosystem.

Beyond traditional asset classes, what innovative financial products are gaining traction, and how are they reshaping the broader financial services industry?

Tokenized real-world assets (RWAs), yield-bearing DeFi instruments, and on-chain derivatives are leading the innovation curve right now.

What is really exciting is how these instruments unlock liquidity in previously traditionally illiquid markets—like real estate, fine art, or private equity—while providing the kind of transparency and programmability traditional finance lacks.

We see this as the next frontier: making institutional-grade assets available to everyday investors through tokenization and blockchain infrastructure.

What are the regulatory challenges faced by brokers looking to expand into new asset classes like cryptocurrencies?

The biggest challenge is the lack of global regulatory harmonization. While some jurisdictions are forward-thinking, others remain cautious or inconsistent. This creates operational friction and legal uncertainty.

We have taken a proactive approach by securing licenses across multiple jurisdictions, maintaining rigorous compliance standards, and ensuring full segregation between our regulated financial operations and digital asset initiatives. Regulatory clarity is not a barrier—it’s a foundation for trust, and we welcome it.

How is MultiBank Group capitalizing on the demand for diversified portfolios?

Diversification is no longer optional—it’s a necessity. At MultiBank Group, we offer clients access to over 20,000 financial instruments across asset classes. But we’ve gone a step further with the MBG Ecosystem, which introduces tokenized assets, exclusive investment opportunities, and yield-generating products powered by the $MBG token.

Whether you are a retail trader or an institutional investor, we’re creating access to a broad, globally diversified portfolio from a single, trusted platform.

With the recent launching of the MBG Ecosystem, what is the long-term vision behind the $3 billion Dubai real estate deal with MAG Lifestyle Development ?

This deal is a landmark for RWA the tokenization space. We are partnering with MAG Lifestyle Development to tokenize $3 billion worth of premium real estate in Dubai. Our vision is to democratize access to high-value assets that were traditionally reserved for institutional investors or high-net-worth individuals.

Through the MBG Ecosystem, users can gain exposure to real estate with lower capital requirements, fractional ownership, and potentially passive income—bringing liquidity, efficiency, and global access to the real estate market.

Are you planning to move your 2 million existing clients from traditional trading to engaging with the MBG ecosystem and tokenized assets?

We are not forcing a transition—we’re enabling a choice. Education is key. We’re launching a series of learning tools, in-platform guides, and incentive programs to help clients understand the value of tokenized assets.

More importantly, we are comprehensively planning to integrate the MBG Ecosystem directly into our existing platforms so clients can explore and invest in both traditional and digital assets without switching platforms. This hybrid approach bridges the gap between legacy finance and the future of finance.

Can you tell us about your experience as CEO of MultiBank Group managing diversified portfolios?

Managing diversification isn’t just about expanding asset classes—it’s about managing risk, liquidity, and client expectations across global markets. Under my leadership, we’ve built one of the world’s most robust brokerage infrastructures, operating in over 20 countries.

Whether it’s FX, stocks, commodities, or crypto, we ensure our clients have access to tightly executed trades, deep liquidity, and secure environments. The success of our diversified portfolio offering lies in constant innovation, transparency, and a relentless focus on client outcomes.

Any final words?

We are at the cusp of a financial revolution. The convergence of traditional finance and blockchain is not a question of “if” but “how fast.” As a company, we are super excited to lead this change, anchored in regulatory trust, global infrastructure, and cutting-edge innovation. We invite users, partners, and regulators to join us in building a more inclusive, transparent, and efficient financial world.