Midas’ mGLOBAL security token has been integrated into Aave Horizon, Aave’s institutional lending market, allowing holders to borrow USDC using mGLOBAL as collateral while maintaining full exposure to the underlying assets. According to ChainCatcher, The Block reported that the token tracks a short-duration private credit portfolio managed by Fasanara Capital.
The underlying portfolio is described as a Global Diversified Alternative Debt strategy, with assets including trade receivables and digital invoices.
mGLOBAL is issued through a bankruptcy-remote entity under a Luxembourg securitization vehicle, with net asset value calculated monthly by JTC Luxembourg.
Redemptions are handled via Midas’ Open Liquidity Architecture, which combines 10% internal liquidity on Aave, credit lines, and an OTC network to support atomic redemption and burning without requiring large idle cash reserves.
Midas’ mGLOBAL Token Added to Aave Horizon, Enabling USDC Loans Against Collateral
2026-06-23 13:24:32
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