Oasis Foundation to provide $5 million grant to bring Midas' compliant tokenized treasury fund to Sapphire chain

DeFi • December 4, 2024, 9:00AM EST
UPDATED: December 4, 2024, 10:14PM EST
The Block Illustration by Zoe Ellyse Del Rosario for The Block

Quick Take

  • Oasis Foundation is committing $5 million so real-world asset startup Midas can launch its yield-bearing tokenized treasury fund on Oasis’ Sapphire Network.
  • The tie-up will expand privacy options for mTBILL, the first compliant tokenized treasuries fund available to non-accredited investors.
The tie-up will expand privacy options for mTBILL, the first compliant tokenized treasuries fund available to non-accredited investors.
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Editor

To contact the editor of this story: Vishal Chawla at [email protected]

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