Tokenization platform Midas has launched Liquid Yield Tokens (LYT) linked to actively managed DeFi funds, including Edge Capital, RE7, and MEV Capital. These tokens provide floating values and can also be utilized as collateral in DeFi protocols like Euler and Morpho. Midas aims to fill the gap for yield-bearing alternatives to traditional stablecoins, responding to market demands influenced by recent interest rate dynamics. The firm expanded its products following regulatory approval to issue tokens in Liechtenstein, allowing broader market access across Europe. Midas CEO Dennis Dinkelmeyer highlighted the collaboration with leading fund managers to leverage opportunities in T-Bills, basis trades, and arbitrage strategies, projecting potential yields of up to 20%. This development reflects significant shifts in the crypto and DeFi landscape, indicating Midas's commitment to driving innovation in tokenization and investment strategies.

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