Midas
Midas
Legal nameMidas Software GmbH
CreationJune 30, 2023
RegulationNot required to be licensed or authorized under any current securities, commodities, or banking laws of its jurisdiction of incorporation
Location Kurfürstendamm 15, 10719 Berlin, Germany
Description
Midas is a European tokenized asset issuer that integrates real-world securities and on-chain structured products.
Midas has launched tokenized US Treasury bill products and a crypto basis trade strategy. They aim to extend their offerings to corporate bonds, structured credit, and high-yield credit.
Midas has raised $9 million from major investors, including Framework Ventures, BlockTower, HV Capital, Cathay Ledger, Coinbase Ventures, GSR, 6th Man Ventures, Hack VC, Lattice Capital, Phaedrus, Theia Blockchain, Pareto, Axelar Foundation, Peer VC, FJ Labs, and Anagram.
Midas Protocol Limited, a company incorporated in London, United Kingdom, has established a German subsidiary, Midas Software GmbH, to tokenize assets within the European Union regulatory framework. They use a prospectus approved by the Liechtenstein Financial Market Authority.
Assets 1
| Name | Asset types | Asset classes | AUM | Blockchains | Platforms | |||||
|---|---|---|---|---|---|---|---|---|---|---|
Midas mTBILL mTBILL Type Tracker Certificate AUM $ 5,820,000 Platform Midas |
Tracker Certificate |
$ 5,820,000 |
|
Midas |