[MultiBank Group Completes First Token Buyback and Burn] Odaily Planet Daily reports that financial derivatives institution MultiBank Group has announced the completion of its first token buyback and burn. A total of 4,860,000 MBG tokens have been permanently removed from the circulating supply. According to its previously disclosed token buyback and burn plan, the group expects to repurchase $58.2 million worth of MBG tokens in the first year, with a cumulative buyback value of $440 million over five years, aiming to drive token scarcity and enhance token value. (Businesswire)