Midas launches MGLOBAL on Aave Horizon, offering Fasanara alternative debt strategy collateralized lending channels

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Mars Finance News, according to The Block, reported that mGLOBAL, a security token launched by Midas, has been integrated into Aave Horizon, Aave’s institutional lending market. Holders can use mGLOBAL as collateral to borrow USDC while retaining full exposure to the underlying assets. mGLOBAL tracks the Global Diversified Alternative Debt short-duration private credit portfolio managed by Fasanara Capital, whose underlying assets include trade receivables and digital invoices. mGLOBAL is issued by a bankruptcy-remote entity under a Luxembourg asset securitization vehicle, and its net asset value is calculated monthly by JTC Luxembourg. Redemptions are carried out through Midas’s Open Liquidity Architecture, combining Aave’s 10% internal liquidity, credit limits, and OTC networks to enable atomic redemption and destruction without reserving large amounts of idle cash.
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