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RWA publisher Midas receives $5 million in funding from Oasis Foundation

RWA publisher Midas receives $5 million in funding from Oasis Foundation

CointimeCointime2024/12/07 04:12
By:Cointime

the Oasis Foundation announced it will provide $5 million in funding to RWA issuer Mida to introduce Mida's compliant tokenized fund into the Sapphire Chain, enabling Mida to launch its income-type tokenized financial fund on Oasis' Sapphire network. Mida's asset tokenization project, mTBIL, mainly tracks short-term US Treasury bonds, with each mTBILL token representing a share in the BlackRock Treasury ETF. With support from the Oasis Foundation, Mida will further expand the privacy options for mTBILL.

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