Midas Expands Yield-Bearing Tokens with DeFi Fund Partnerships
- Midas introduced Liquid Yield Tokens (LYT) linked to DeFi funds: Edge Capital, RE7, and MEV Capital.
- Received regulatory approval in Liechtenstein for issuing U.S. Treasuries tokens.
- LYT aims for yields as high as 20%.
- Tokens can be used as collateral in DeFi platforms like Euler and Morpho.
- The tokenization platform offers a one-click issue and redeem process.
Midas has launched Liquid Yield Tokens (LYT) targeting yields up to 20%, partnering with firms like Edge Capital. These tokens are approved in Liechtenstein and usable as collateral on platforms such as Euler and Morpho.
Source (2.6)https://www.coindesk.com/business/2025/02/13/tokenization-platform-midas-expands-yield-bearing-tokens-with-defi-fund-linked-offerings?rand=52298
