Midas Launches Blockchain-Based Private Credit Product with Fasanara and Morpho

Midas has launched a blockchain-based private credit product, collaborating with institutional asset manager Fasanara and crypto firms Morpho and Steakhouse.

Midas’ mF-ONE is a yield-bearing investment certificate linked to Fasanara’s diversified F-ONE fund.
The fund includes fintech receivables, SME lending, real estate-backed credit, and delta-neutral digital strategies.
Qualified investors can use mF-ONE as collateral in the mF-ONE/USDC Morpho Market to borrow USDC liquidity from curated vaults by Steakhouse.
This structure enhances capital efficiency while maintaining exposure to credit strategies.
Participation in the mF-ONE launch includes major DeFi entities and institutions: Stake Capital, GSR, Hardcore Labs, SumCap, and CIAN.

Previously, Midas introduced Liquid Yield Tokens (LYT) linked to actively managed DeFi funds, partnering with Edge Capital, RE7 Capital, and MEV Capital.