MultiBank Group has introduced an electronic communication network (ECN) platform aimed at linking the financial markets of the BRICS nations and the Gulf Cooperation Council (GCC). This initiative supports the vision of creating a BRICS-GCC 'ultimate currency.' The platform, which is licensed in 17 jurisdictions, serves over 2.2 million users across more than 100 countries and handles over $35 billion in daily trading volume.
The ECN platform incorporates digital assets through tokenization, including the $MBG utility token, and utilizes AI to enhance security and efficiency. Chairman Naser Taher highlighted the platform's commitment to regulatory engagement and trust, emphasizing its potential to strengthen economic ties and facilitate trade settlements outside the U.S. dollar system.
MultiBank ECN Launches to Connect BRICS and GCC Markets
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