RWA publisher Midas receives $5 million from Oasis Foundation
2024-12-07 03:21:31
The Oasis Foundation has announced a $5 million grant for RWA issuer Mida to bring Midas compliance's tokenized fund to the Sapphire chain so that Midas can launch its income-based tokenized fund on Oasis' Sapphire network. Midas' asset tokenization project, mTBIL, tracks short-term U.S. Treasury bonds. Each mTBILL token represents a share in the BlackRock Treasury ETF. With the support of the Oasis Foundation, Midas will further expand mTBILL's privacy options.
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