Catenaa, Tuesday, September 09, 2025-Mavryk Network, a Layer-1 blockchain specializing in tokenized real-world assets (RWAs), announced the launch of its native $MVRK token, set for September 18 at 1 PM UTC on MEXC.
The initial price will be $0.10, marking a major milestone for the network, which currently supports over $10 billion in tokenized assets, including luxury real estate projects in Dubai.
$MVRK will serve as the backbone of Mavryk’s ecosystem, powering gas fees, delegation, co-staking, and lending or borrowing collateral.
The tokenomics allocates just 5.6% of tokens for the initial circulating supply, while over 45% is dedicated to growth, staking, and community engagement, supporting long-term value creation and active participation.
Mavryk has already secured $5.2 million in venture funding from Ghaf Capital, Big Brain, Draper Goren Holm, and other investors.
Its platform has processed over 110 million transactions on testnet, with more than 2.2 million active funded wallets and 1.2 million deployed contracts.
Strategic partnerships, including MultiBank Group and Fireblocks, are enabling regulated RWA primary and secondary market solutions using Mavryk’s white-label technology.
Founder and CEO Alex Davis said $MVRK will pioneer a new era for real-world asset finance, integrating tokenization, DeFi, and lending into a seamless on-chain economy.
Mavryk plans to expand the on-chain asset value to $40 billion by 2030 and introduce a full DeFi stack, including a wallet, decentralized exchange, perpetuals, Layer-2 integrations, and consumer-grade applications such as tokenized ETFs and launchpads.
