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RWA issuer Midas receives $5 million funding from Oasis Foundation
According to Jinse Finance, the Oasis Foundation announced that it will provide $5 million in funding to RWA issuer Mida, bringing Midas Compliance’s tokenization fund onto the Sapphire chain so that Midas can launch its revenue-based tokenization fund on the Oasis Sapphire network. Midas’ asset tokenization project mTBIL primarily tracks short-term U.S. Treasuries, with each mTBILL token representing a share in the BlackRock Treasury ETF. With the support of the Oasis Foundation, Midas will further expand the privacy options of mTBILL.