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RWA Issuer Midas Receives European Regulator Approval to Expand Tokenized Products

2024-10-08 13:37
Odaily News RWA issuer Midas announced that it will expand the scope of its tokenized U.S. Treasury and yield arbitrage trading products for retail users after obtaining approval from Liechtenstein regulators. This means that Midas has eliminated the $100,000 minimum investment requirement and investor certification process for mTbill and mBasis tokens, and has also simplified the token investment process, with only "one click" to obtain tokens. The company said that these tokens can be used worldwide, except in the United States and sanctioned countries. (CoinDesk)