HONG KONG--(BUSINESS WIRE)--Aug 20, 2025--
MultiBank Group, the world’s largest financial derivatives institution, has announced a strategic buyback and burn program for its $MBG Utility Token. Backed by strong H1 2025 results, with $209 million in revenue (up 20% year-on-year) and $170 million in profit, the measure is designed to enhance scarcity and drive long-term value for $MBG token holders.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250820831539/en/
Since its debut on July 22 across MultiBank.io, MEXC, Gate.io, and Uniswap, $MBG has surged to seven times its listing price, quickly becoming one of the most closely followed tokens globally.
“This is our way of thanking our customers and community for their trust,” said Naser Taher, Founder and Chairman of MultiBank Group. “We’ve established a solid foundation in traditional finance, and the rapid adoption of $MBG proves we’re equally ready to lead in digital assets. The token burn program is just the beginning, and we have more major announcements on the horizon.”
The $MBG token powers MultiBank’s four-pillar ecosystem:
Together, these four pillars are fueling MultiBank’s expansion, momentum that is also reflected in the Group’s growing community of more than 396,000 members on Telegram and over 280,000 followers across its X channels. With more than two million clients, 17+ financial licenses across five continents, and an unblemished compliance record since 2005, MultiBank Group is accelerating its blockchain and DeFi infrastructure to deliver more value-driven initiatives in the months ahead.
ABOUT MULTIBANK GROUP
MultiBank Group, established in California, USA in 2005, is a global leader in financial derivatives. With over 2 million clients in 100+ countries and a daily trading volume exceeding $35 billion, it offers a broad range of brokerage and asset management services. Renowned for innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group is regulated by 17+ top-tier financial authorities across five continents. Its award-winning platforms provide up to 500:1 leverage across Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 80 international awards for trading excellence and regulatory compliance.
For more information, visit MultiBank Group’s website.
Under the program, $MBG will be repurchased from the open market and permanently removed from circulation. The framework projects up to $58.2 million in buybacks within the first year and a cumulative $440 million over the initial five years. The Group describes the initiative as both a celebration of its H1 results and a gesture of gratitude to its worldwide client base.
GENEVA--(BUSINESS WIRE)--Jan 15, 2026--
Cargill today announced the maiden voyage of Brave Pioneer, the first of five green methanol dual-fuel dry bulk vessels chartered by the company. The deployment of the Brave Pioneer marks another important milestone in Cargill’s broader decarbonization efforts – one focused on innovation, testing and learning as the company works with customers and partners to refine future-ready solutions for Cargill and the industry.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260114083757/en/
Built by Tsuneishi Shipbuilding Co., Ltd. and owned by Mitsui & Co. Ltd., Brave Pioneer is equipped to operate on both conventional marine fuels and green methanol, a lower-carbon alternative. The estimated CO2 saving of using green methanol compared to conventional fuel is up to 70%.
The ship departs the Philippines today, will bunker green methanol in Singapore, then proceed to Western Australia before sailing onward to Europe. Through Brave Pioneer ’s maiden voyage, Cargill will conduct a series of operational trials designed evaluate methanol bunkering readiness, understand how environmental attributes can be traced and verified through carbon accounting systems, and assess market appetite for low-carbon freight services.
“Decarbonising global shipping requires a mix of technologies and the willingness to take bold steps before the entire ecosystem is ready,” said Jan Dieleman, President of Cargill’s Ocean Transportation business. “Technologies like green methanol or wind-assisted propulsion come with uncertainty. But as an industry leader, we have a responsibility to test these innovations on the water, share what we learn, and help shape the systems and standards that will enable wider adoption.”
Setting the Stage for a New Low-Carbon Fleet
The launch of Brave Pioneer paves the way for the four additional vessels that will join Cargill’s fleet over the coming years. The addition of these vessels strengthens Cargill’s multi-solution decarbonization approach, which includes wind-assisted propulsion, voyage optimization technologies, energy-efficiency retrofits and exploration of alternative fuels such as biofuels and ethanol.
Each represents another step in the company’s broader efforts to embed sustainability into global ocean supply chains and support customers looking for practical, lower-carbon freight options.
“We know the road to low carbon shipping will require a mix of solutions and green methanol is one part of that portfolio,” Dieleman continued. “Our new fleet is about optionality and adaptability. These vessels are engineered to perform at a best-in-class level on conventional fuel today, while allowing us to switch to greener fuels as availability improves. It’s a practical way to future-proof ocean transport.”
As one of the world’s largest charterers of dry bulk freight, Cargill’s actions send a strong demand signal to the market and serve as an open invitation for others in the maritime sector to join in advancing the transition to sustainable shipping.
The initiative supports Cargill’s broader effort to reduce supply chain emissions and invest and test practical innovations that advance progress toward a more sustainable global food system. Green methanol-enabled vessels—paired with the eventual expansion of renewable fuel supply—are expected to play a meaningful role in reducing maritime emissions over the coming decade.
About Cargill
Cargill is committed to providing food, ingredients, agricultural solutions, and industrial products to nourish the world in a safe, responsible, and sustainable way. Sitting at the heart of the supply chain, we partner with farmers and customers to source, make and deliver products that are vital for living.
Our 160,000 team members innovate with purpose, providing customers with life’s essentials so businesses can grow, communities prosper, and consumers live well. With 159 years of experience as a family company, we look ahead while remaining true to our values. We put people first. We reach higher. We do the right thing—today and for generations to come. For more information, visit Cargill.com and our News Center.
Through Brave Pioneer’s maiden voyage, Cargill will conduct a series of operational trials designed evaluate methanol bunkering readiness, understand how environmental attributes can be traced and verified through carbon accounting systems, and assess market appetite for low-carbon freight services.
The ship departs the Philippines today, will bunker green methanol in Singapore, then proceed to Western Australia before sailing onward to Europe.
Built by Tsuneishi Shipbuilding Co., Ltd. and owned by Mitsui & Co. Ltd., Brave Pioneer is equipped to operate on both conventional marine fuels and green methanol, a lower-carbon alternative.
