Midas Broadens Tokenized Offerings for Retail Investors Following Regulatory Approval
Crypto

Midas Broadens Tokenized Offerings for Retail Investors Following Regulatory Approval

The platform Midas has gained regulatory approval in Liechtenstein, enabling it to offer tokenized U.S. Treasury bills and basis trade products to retail investors in Europe.

Midas, a platform focused on real-world assets, announced on Tuesday that it is expanding access to its tokenized U.S. Treasury bills and yield-bearing carry trade products for retail users. This expansion follows the acquisition of regulatory approval from Liechtenstein's Financial Market Authority.

This development allows Midas to eliminate the minimum investment threshold of $100,000 previously required for its mTBILL and mBASIS tokens, simplifying the investment process to just one click. The tokens will be globally available, except in the U.S. and sanctioned countries.

Dinkelmeyer mentioned in an email interview, "We will be the only RWA issuer with a regulatory compliant offering that has no minimum thresholds and investor accreditation process."

Tokenized versions of real-world assets, especially government bonds, are gaining traction among crypto investors as they seek stable returns while staying within blockchain ecosystems. Midas's mTBILL is particularly notable as it's backed by BlackRock's short-term Treasury bill exchange-traded fund (ETF), having secured nearly $5 million in deposits.

Meanwhile, Midas has also launched its mBASIS product, a yield-generating investment strategy, which currently manages over $4 million in assets, showing the increasing popularity of tokenized financial products.

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