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RWA Issuer Midas Expands Tokenized Products to Retail Users with Regulatory Nod in Europe

Author: Content Editor
Real-world asset platform Midas has expanded access to its tokenized U.S. Treasury bills and yield-bearing carry trade products for retail users. Midas acquired regulatory approval in Liechtenstein, allowing it to remove the $100,000 minimum investment requirement and investor accreditation process for its mTbill and mBasis tokens. The company has also simplified the investment process, making the tokens available with as little as one click. The tokens are accessible globally, excluding the U.S. and sanctioned countries. Midas received regulatory approval from Liechtenstein's Financial Market Authority, allowing the products to be passported across Germany and Europe. This move positions Midas as the only real-world asset issuer with a regulatory compliant offering that has no minimum thresholds or investor accreditation process. Tokenized versions of real-world assets, such as U.S. government bonds, have gained popularity among crypto investors as a way to park stablecoins and earn yield on blockchains. The tokenized T-bill market has tripled in a year to $2.3 billion, with new entrants like BlackRock participating. Midas's mTbill is backed by BlackRock's short-term Treasury bill exchange-traded fund and has attracted nearly $5 million in deposits. Additionally, Midas has also launched its own yield-bearing tokenized product called mBasis, with over $4 million in assets under management.

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