Tokenization Platform Midas Expands Yield-Bearing Tokens With DeFi-Fund-Linked Offerings
FEB 13, 2025
Re7 Capital Featured in Midas' New Liquid Yield Token Product
Tokenization platform Midas has launched Liquid Yield Tokens (LYT) — a new product linking yield-bearing tokens to actively managed DeFi funds — with Re7 Capital among its inaugural partners alongside Edge Capital and MEV Capital. The tokens can be issued and redeemed in a single click and are available as collateral in DeFi, starting with Euler and Morpho.
The LYT product targets yields of up to 20%, reflecting Midas' response to shifting market conditions as returns from earlier products — including a tokenized T-Bill and a cash and carry trade token — have evolved with interest rate trends. Midas received regulatory approval in Liechtenstein last year, enabling passporting across Germany and Europe.
For the full article, read here: CoinDesk
