Page 169 - AAE PR REPORT - APRIL 2025
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4/11/25, 10:08 AM Multibank Group delivers a substantial milestone by achieving an unprecedented trading volume of $55.85bln per day
This unprecedented milestone reflects the strong confidence a diverse global clientele, including
individual traders and institutional investors, has placed in the firm. The performance confirms the
Group’s focus on transparency, robust security measures, and rigorous regulatory compliance.
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Commenting on this breakthrough, Founder and Chairman Naser Taher said: “We are pleased to share
these impressive figures with our valued clients and business partners. It displays our financial strength,
our drive for technological progress, and the trust our customers place in us.”
Throughout 2024, MultiBank Group witnessed remarkable growth, marked by increased revenue
resulting from international expansions and new product rollouts. Among the most notable innovations
was the debut of MultiBank-Plus, a next-generation platform and app designed to deliver a seamless
trading experience. The company further enhanced its position in the digital asset arena with the launch
of the MultiBank.io Crypto Exchange App, setting new benchmarks for operational efficiency around
cryptocurrencies. Additionally, MEX Exchange, the first global ECN tool tailored for the BRICS and GCC
regions, brought unmatched liquidity and advanced capabilities to a rapidly growing industry.
Strategic partnerships have played a pivotal role in bolstering MultiBank Group’s presence.
Collaborations with Al Ansari Exchange and Mashreq Bank streamlined transactions, offering users
faster and more convenient deposit and withdrawal solutions. The Group also secured Dubai’s
prestigious Virtual Asset Service Provider (VASP) license, highlighting its commitment to stringent
governance standards and dedication to excellence.
Building on this momentum, the organization delivered outstanding financial results for 2024, with
revenue surpassing $361 million and net income exceeding $264 million, reflecting 16% growth.
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