{"id":37211,"date":"2025-07-16T12:01:52","date_gmt":"2025-07-16T12:01:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37211"},"modified":"2025-07-16T12:01:52","modified_gmt":"2025-07-16T12:01:52","slug":"tokenized-assets-arrive-on-tezos-l2-as-midas-joins-etherlink","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37211","title":{"rendered":"Tokenized Assets Arrive on Tezos L2 as Midas Joins Etherlink"},"content":{"rendered":"<div>\n<p>The integration is a showcase of the platform\u2019s ongoing commitment to creating infrastructure for financial systems that anyone can access, by ensuring compliance and offering composable yield products.<\/p>\n<p>This also creates a path for further fusions of Liquid Yield Tokens (LYTs)\u00a0into Etherlink\u2019s ecosystem, offering various use cases that include <span style=\"font-weight: 400;\">collateralized lending, risk tranching, and portfolio management.\u00a0<\/span><\/p>\n<h2>Midas\u2019 New Collaboration<\/h2>\n<p>According to a press release shared with <em>CryptoPotato<\/em>, the institutional-grade asset tokenization platform is steadily developing on Etherlink.\u00a0The focus is on creating secure, transparent, and efficient structures that allow investors to access the performance of select reference strategies through tokenized formats.<\/p>\n<p>After launching <span style=\"font-weight: 400;\">mBASIS, the protocol for tracking the performance of crypto funding rates, and mTBILL, which tracks short-term US Treasuries, two new products were introduced: mMEV and mRe7YIELD.<\/span><\/p>\n<p>The former follows a yield strategy by MEV Capital, a digital asset manager, and the latter does the same, but for Re7 Capital, an investment firm specializing in DeFi yield and liquid alpha\u00a0strategies.<\/p>\n<p>At the time of printing, according to information from Midas\u2019\u00a0<span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">website, the reported Total Value Locked (TVL) is close to $350 million; however, data from DefiLlama\u00a0<a href=\"https:\/\/defillama.com\/protocol\/midas-rwa\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">paints<\/a> a different picture, with<\/span>\u00a0nearly $190 million.<\/p>\n<h2>Etherlink as The Backbone<\/h2>\n<p>The L2 blockchain is non-custodial, Ethereum Virtual Machine (EVM)-compatible, built on Tezos Smart Rollups, offering developers favorable conditions in terms of transaction costs and confirmation times.<\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cEtherlink offers the scalability and composability needed to bring structured, compliant strategies fully on-chain. With mMEV and mRe7YIELD, we\u2019re expanding secure, self-custodied exposure to institutional-grade products.\u201d \u2013 <em>Dennis Dinkelmeyer, CEO at Midas<\/em><br \/>\n<\/span><\/p>\n<\/blockquote>\n<p>David Relkin, the Head of DeFi at Nomadic Labs, which is the core team behind Tezos, believes this is an\u00a0<span style=\"font-weight: 400;\"><span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">essential<\/span>\u00a0step toward bringing wholesale finance fully on-chain.<\/span><\/p>\n<p>The timing aligns with notable progress achieved by the blockchain, which has grown from $1.45 million on March 1st to over $45 million in TVL as of today,\u00a0<a href=\"https:\/\/defillama.com\/chain\/etherlink\" data-wpel-link=\"external\" target=\"_blank\">indicated<\/a> by DefiLlama.<\/p>\n<p>This is just one of the use cases that Etherlink boasts,\u00a0<span style=\"margin: 0px; padding: 0px;\">which also\u00a0<a href=\"https:\/\/cryptopotato.com\/former-riot-blizzard-game-developers-raise-30-5m-to-build-aaa-shooter-on-etherlink-tezos-l2\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">includes\u00a0<\/a>gaming &amp; NFTs, cross-chain liquidity through bridges like LayerZero or Bifr\u00f6st, support for <\/span>.etherlink domains, and more.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/tokenized-assets-arrive-on-tezos-l2-as-midas-joins-etherlink\/\" rel=\"nofollow\">Tokenized Assets Arrive on Tezos L2 as Midas Joins Etherlink<\/a> appeared first on <a href=\"https:\/\/wordpress-433650-5559317.cloudwaysapps.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The integration is a showcase of the platform\u2019s ongoing commitment to creating infrastructure for financial systems that anyone can access, by ensuring compliance and offering composable yield products. This also creates a path for further fusions of Liquid Yield Tokens (LYTs)\u00a0into Etherlink\u2019s ecosystem, offering various use cases that include collateralized lending, risk tranching, and portfolio [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-37211","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37211"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37211\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}