Midas is no longer playing small. With the launch of mF-ONE, the tokenization protocol is targeting a market that has been largely untapped on the blockchain: institutional private credit.
In concrete terms, mF-ONE is a native blockchain investment certificate backed by the F-ONE fund from Fasanara Capital. This fund carries weight. It combines assets from fintech, SME lending, real estate-backed credit, and delta-neutral digital strategies. In essence: a basket of high-performing assets previously out of reach for the crypto world.
A New Bridge Between Private Credit and Stablecoins
Midas goes beyond a simple yield product. Through integration with Morpho, qualified investors can use their mF-ONE as collateral to borrow USDC. Liquidity comes from selected USDC vaults managed by Steakhouse Finance. This allows holders to remain exposed to private credit performance while unlocking stablecoins for other strategies, an obvious capital efficiency gain.
This mechanism aligns with a strong market trend: the arrival of real-world assets (RWA) in DeFi. And mF-ONE ticks all the boxes to establish itself as a new standard.
A Coalition Between TradFi and DeFi
The project does not come out of nowhere. Midas relies on solid players: Fasanara for asset management, Steakhouse for DeFi structuring, and Morpho for technical integration. And that’s not all: Stake Capital, GSR, Hardcore Labs, SumCap, and CIAN are already part of the adventure.
This means that mF-ONE is not lacking in support or legitimacy.
Why It Matters
Until now, private credit has been the domain of banks and closed-end funds. Illiquid, inaccessible, but often very profitable.
By making it tokenizable, collateralizable, and compatible with DeFi tools, Midas democratizes an asset class previously reserved for the elite. It’s a major breakthrough for RWA, but more importantly, a tangible step towards a hybrid, fluid, and truly programmable finance.
The message is clear: the walls between TradFi and DeFi continue to crumble, and Midas holds the hammer.
