MultiBank Group and Khabib Nurmagomedov Launch an Exclusive Worldwide Multi-Billion-Dollar Joint Venture to Build the World’s First Regulated Tokenized Sports Ecosystem

DUBAI, United Arab Emirates--(BUSINESS WIRE)--Oct 25, 2025--

MultiBank Group, the world’s largest financial derivatives institution, has entered into an exclusive worldwide multi-billion-dollar joint venture with global sports icon and undefeated UFC champion Khabib Nurmagomedov (29-0) to create a first-of-its-kind regulated ecosystem connecting global finance, sports and technology.

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The partnership will culminate in the creation of a multi-billion-dollar joint venture, MultiBank Khabib LLC, uniting two global powerhouses: MultiBank Group, a leader in regulated financial excellence, and Khabib Nurmagomedov, undefeated in the octagon and whose influence extends far beyond sport. The company will operate from MultiBank Group’s headquarters in Dubai, building a worldwide network of high-end sports ventures and real-world digital assets. This structure fulfills the vision of MultiBank Group Founder and Chairman, Naser Taher, for an exclusive global joint venture, granting MultiBank exclusive rights to develop and promote projects under the Khabib Nurmagomedov brand name, including the development of 30 state of the art Khabib gyms, Gameplan and Eagle FC brands.

The entire venture is backed by MultiBank Group’s regulated digital ecosystem and powered by its cornerstone $MBG Token being the driving force behind its expanding portfolio of real-world-asset (RWA) technologies and initiatives.

Naser Taher, Founder and Chairman of MultiBank Group, stated: “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.”

About MultiBank Group

Established in California in 2005, MultiBank Group has become one of the world’s largest financial derivatives institutions, serving over 2 million clients in 100 countries, with daily trading volumes exceeding US $35 billion. The Group operates under 18 regulatory licenses across 5 continents and maintains over 25 offices worldwide, renowned for its commitment to regulatory strength, transparency, and innovation.

MultiBank Group and Khabib Nurmagomedov Launch an Exclusive Worldwide Multi-Billion-Dollar Joint Venture to Build the World’s First Regulated Tokenized Sports Ecosystem

WASHINGTON (AP) — The Trump administration is appealing a judge’s ruling that blocked limitations on mail voting before the midterm elections, the latest twist in a court fight unfolding days before the first states begin sending out mail ballots for the pivotal November elections.

The notice of appeal filed Friday comes after a federal judge in Boston handed down a new decision blocking implementation of an executive order from President Donald Trump for the next two weeks.

The Supreme Court previously allowed the plan to move ahead on procedural grounds, but hasn’t decided whether it’s legal. The U.S. 1st Circuit Court of Appeals will next consider the case, though it could soon be back before the nation's highest court.

Under Trump’s executive order, the U.S. Postal Service could refuse to deliver ballots from states that do not submit lists of eligible voters and follow a uniform envelope style. The White House calls the plan a set of “commonsense measures” aimed at protecting ballot security, and calls the order blocking it “unreasoned and unlawful.”

The plaintiffs didn't have immediate comment on the appeal.

U.S. District Court Judge Indira Talwani found that states don't have the time or money to design and produce new ballots, update their systems and train officials to upload voter data to the Postal Service in the short time before the midterm elections.

The first mail ballots of the general election to determine control of Congress are scheduled to be sent out Sept. 4.

The Thursday ruling came after Democrats and voting rights groups filed a fresh round of lawsuits to comply with the recent Supreme Court decision. They note that the Constitution grants states and, in some cases, Congress the power to make election rules — not the president or Postal Service.

The whipsawing legal battle could have major ramifications for the midterms. Nearly one-third of Americans vote by mail and election officials contend there isn’t enough time to revise their systems to comply with the new Postal Service directives.

The president has long targeted mail voting, which he falsely blames for his 2020 election loss even though he himself uses it to cast his ballot. A report by the Brookings Institution published in 2025 found that mail voting fraud occurred in only about four cases out of every 10 million mail ballots cast.

Trump's executive order was challenged in court shortly after being issued in March. Talwani, nominated to the bench by President Barack Obama, agreed to block it for the midterm elections. But the Supreme Court found earlier this week that she had acted too soon. The Post Office plan has since been finalized.

Election workers sort vote-by-mail ballots at the Miami-Dade County Supervisor of Elections Office for the Florida primary election in Doral, Fla., Tuesday, Aug. 18, 2026. (AP Photo/Lynne Sladky)