The Mavryk Network is a Layer 1 blockchain platform focused on integrating real-world assets (RWAs) with decentralized finance (DeFi) solutions. Their mission is to build a smarter, more secure financial future by tokenizing RWAs and offering user-friendly DeFi integrations. 
As of May 2025, Mavryk Network has announced the launch of its native token, $MVRK, with the Initial Coin Offering (ICO) going live on Monday. They have achieved over 16 million total transactions, indicating significant adoption and activity. 
Notably, Mavryk has secured a substantial $3 billion deal involving yield-bearing assets, including properties like the Ritz-Carlton, in collaboration with MAG Lifestyle Development. This move underscores their commitment to bridging traditional assets with blockchain technology.