Tokenization Firm Midas Introduces Private Credit Product with Fasanara, Morpho and Steakhouse
Midas, a protocol for issuing yield-bearing tokens backed by U.S. Treasuries and other assets, has introduced a blockchain-based private credit product, with the help of institutional asset manager Fasanara and crypto natives Morpho and Steakhouse, the companies said on Friday.
Midas’ mF-ONE, a blockchain-native investment certificate, is structured to track Fasanara’s F-ONE fund composed of allocations across fintech-originated receivables, SME lending, real estate-backed credit, and delta-neutral digital strategies.
Qualified investors can collateralize mF-ONE in a mF-ONE/USDC Morpho Market and borrow USDC liquidity supplied from USDC vaults curated by Steakhouse, according to a press release. This allows customers to borrow stablecoins against their holdings and gain capital efficiency while maintaining exposure to a credit strategy.
Back in February, Midas introduced Liquid Yield Tokens (LYT) linked to actively managed, decentralized finance (DeFi) funds, starting out with Edge Capital, RE7 Capital, and MEV Capital.
The mF-ONE launch is supported by participation from leading DeFi and institutions, including: Stake Capital, GSR, Hardcore Labs, SumCap and CIAN.
Midas' collaboration with Fasanara, Morpho and Steakhouse to introduce a private credit product in the realm of tokenization marks an innovative stride towards decentralized financing options that may reshape how we perceive traditional lending dynamics.
Powerful disruption in the private credit sector with Midas' collaboration of Fasanara, Morpho and Steakhouse: a tokenization revolution set to democratize access for investors worldwide.
Midas' collaboration with Fasanara, Morpho and Steakhouse introduces a timely private credit product that promises to revolutionize the field of tokenization by offering an exclusive access point for investors into this emerging market.
Midas' collaboration with Fasanara, Morpho and Steakhouse to introduce a private credit product demonstrates the innovative potential of leveraging blockchain technology in alternative finance markets.
The collaboration between Tokenization Firm Midas and Fasanara, Morpho Technologies & Steakhouse presents an innovative step towards empowering private credit with blockchain solutions - a game-changer in strengthening the transparency of alternative finance.
Midas's collaboration with Fasanara, Morpho and Steakhouse introduces a bold new private credit product that reshapes the space through tokenization. The move is testament to how financial services are adapting by leveraging blockchain technology for greater efficiency.
Fasanara, Morpho and Steakhouse collaborations elemental towards financial innovation with the introduction of private credit product by Tokenization firm Midas.
