PANews, June 23 – According to The Block, the mGLOBAL security token launched by Midas has been integrated into Aave Horizon, the institutional version of the Aave lending market. Holders can use mGLOBAL as collateral to borrow USDC while retaining full exposure to the underlying assets. mGLOBAL tracks a short-duration private credit portfolio of Global Diversified Alternative Debt managed by Fasanara Capital, with underlying assets including trade receivables and digital invoices. mGLOBAL is issued by a bankruptcy-remote entity under a Luxembourg securitization vehicle, and its net asset value is calculated monthly by JTC Luxembourg. Redemptions are executed through Midas' Open Liquidity Architecture, combining 10% internal liquidity on Aave, credit lines, and an OTC network to achieve atomic redemption and burning without the need to hold large amounts of idle cash.
Midas Launches mGLOBAL on Aave Horizon, Offering Collateralized Lending Access to Fasanara’s Alternative Credit Strategy
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Author: PA一线
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