TechFlow news, October 8 — According to CoinDesk, physical asset platform Midas announced that after receiving regulatory approval from Liechtenstein authorities, it will open its tokenized U.S. Treasury and yield arbitrage trading products to retail investors. Midas said it has removed the $100,000 minimum investment requirement and investor accreditation procedures for its mTbill and mBasis tokens, simplifying the investment process to "one-click" access. These tokens will be accessible globally, excluding the United States and sanctioned countries.
Dennis Dinkelmeyer, co-founder of Midas, revealed that the product launch has received regulatory approval from the Liechtenstein Financial Market Authority (FMA) and will expand into Germany and other parts of Europe through the passporting regime. This allows Midas to operate across all European Economic Area (EEA) countries upon approval from a single member state. Midas’ mTbill is backed by BlackRock’s short-term U.S. Treasury ETF and has already attracted nearly $5 million in deposits. In addition to treasury tokens, Midas has also launched the mBasis token, a yield-generating product based on a market-neutral trading strategy, currently managing over $4 million in assets.
