Midas Launches New Tokenized Yield Products on Etherlink to Boost Institutional DeFi Access

Midas, a tokenization platform for institutions, has launched two new yield products, mMEV and mRe7YIELD, on Etherlink, an Ethereum-compatible Layer 2 blockchain. This expansion aims to provide compliant and composable tokens for decentralized finance applications. The new products follow the previous launch of mBASIS and mTBILL, which have already reached $11 million in total value locked on Etherlink, indicating market demand for liquid exposure to yield strategies. mMEV focuses on market-neutral DeFi opportunities, while mRe7YIELD reflects diverse DeFi yield strategies, monitored by MEV Capital and Re7 Capital respectively. Etherlink offers fast transaction speeds and low costs, making it suitable for scalable financial applications. The platform's total value locked has surpassed $40 million recently, driven by network upgrades and faster withdrawal times. This integration is intended to support open financial systems, providing access to compliant yield instruments.