Midas Fasanara ONE (mF-ONE) - Tokenized Private Credit Yield

What is Midas Fasanara ONE (mF-ONE)?

Midas Fasanara ONE (mF-ONE) is a tokenized certificate issued by Midas that provides qualified investors with onchain exposure to Fasanara Capital's F-ONE fund. The token enables access to institutional-grade private credit returns through a blockchain-native instrument.

Underlying Assets and Strategy

The mF-ONE token tracks allocations across multiple strategy components:

Private Credit Exposure: The fund includes fintech-originated receivables, SME lending, and real estate-backed credit originated by Fasanara Capital, a London-based boutique investment firm. Digital Asset Strategies: A portion is allocated to delta-neutral digital strategies to manage liquidity and optimize returns during subscription periods. Liquidity Sleeve: The token structure includes instant subscription and redeemability features for the liquidity portion.

DeFi Composability

mF-ONE can be used as collateral on DeFi lending markets such as Morpho, enabling an onchain Private Credit Repo strategy. This composability allows holders to potentially enhance returns through leveraged positions while maintaining exposure to the underlying credit strategies.

Yield Source

Returns are generated from interest payments on the underlying private credit portfolio managed by Fasanara Capital. The fund focuses on short-duration, asset-backed lending to businesses across fintech and traditional credit markets.

Important Risk Disclosures

Counterparty Risk: Returns depend on the performance of Fasanara Capital's fund management and the creditworthiness of underlying borrowers. Private credit carries default risk. Regulatory Status: mF-ONE operates under Midas's EU-approved prospectus and is registered in Liechtenstein. However, regulatory treatment may vary by jurisdiction. Eligibility Restrictions: This product is NOT available to US persons, UK residents, or persons in sanctioned jurisdictions. Accredited investor status may be required. Redemption Risk: Redemption timing may be subject to liquidity conditions in the underlying fund. Smart Contract Risk: As a tokenized product, mF-ONE carries standard smart contract vulnerabilities inherent to onchain instruments.