Midas Launches mGLOBAL on Aave Horizon, Offering Collateralized Lending Access to Fasanara’s Alternative Credit Strategy

CoinFeed, June 23 – Midas’s mGLOBAL security token has been integrated into Aave’s institutional lending market, Aave Horizon, allowing holders to borrow USDC against mGLOBAL while retaining full exposure to the underlying assets, The Block reported. mGLOBAL tracks a short-duration private credit portfolio managed by Fasanara Capital, the Global Diversified Alternative Debt strategy, which includes assets such as trade receivables and digital invoices. mGLOBAL is issued by a bankruptcy-remote entity under a Luxembourg securitization vehicle, with its net asset value calculated monthly by JTC Luxembourg.