Midas, a protocol for the issuance of dividend-bearing tokens, supported by US Treasury and other assets, has introduced a blockchain-based private credit product using institutional asset manager Fasanara and Crypto Natives Morpho and Steakhouse, companies said Friday.
Midas’ MF-One, a blockchain-native investment certificate, is structured to track Fasanara’s F-One Fund composed of awarding across fintech-upcoming receivables, SME loans, property-supported credit and delta-neutral digital strategies.
Qualified investors can collate MF-One in an MF-One/USDC Morpho market and borrow USDC liquidity delivered from USDC Vault’s curated by steakhouse, according to a press release. This allows customers to borrow stableecoins from their inventory and get capital efficiency while maintaining exposure to a credit strategy.
Back in February introduced Midas Liquid Prenter -Tokens (Listen) attached to actively controlled, decentralized funding (Defi) Funds starting 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.
