TechFlow News — Iakov Levin, founder of the now-defunct custodial crypto investment platform Midas Investments, has launched a new decentralized finance platform called Locus Finance.
Users can access high-yield tokenized vaults, with Locus initially offering yield-generating products based on Ethereum staking, DeFi growth, and Arbitrum trading.
Midas Investments once managed over $250 million in assets in 2021 but lost more than $50 million amid shifting market conditions, leading to its shutdown announcement in December last year.




