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Brief
Midas-tokenized version of Fasanara Capital's Global Diversified Alternative Debt Fund (trade receivables, SME invoice lending). ERC-20 liquid yield token, auto-compounding. ~$33.6M AUM (April 2026 inception). 0.40% management fee, no performance fee. Custody via Fordefi. Collateral accepted on Morpho. First asset live on Symbiotic Instant Liquidity.
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Snapshot
Key terms and identifiers.
- Asset value
- $214.6M (Midas combined)
- Fee
- Not yet disclosed
- Custodian
- Maerki Baumann (likely)
- Min investment
- Not yet disclosed
- Structure
- German Electronic Securities Act certificate, Fasanara-managed
- Chains
- Ethereum, Monad, Plasma, Solana, Katana, Arbitrum, Hyperliquid, BNB Chain, Base, Celo, Etherlink, Flare, Plume, Rootstock, Mantle, Optimism, Linea, Sonic, Unichain, Avalanche, TAC, Ink, Sei, Berachain, 0G, Polygon, Sapphire, XRP Ledger, Scroll, Bitcoin, Sui
- NAV frequency
- Not yet disclosed
- Investor type
- Non-US (likely)
- Spec type
- fund
- As of
- 2026-05
- Asset classes
- Private credit
- Token standards
- erc-20
- Regulatory
- mica
- Jurisdiction
- EU
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Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.
