{"data":[{"asset_id":"3592","asset_version_id":"3983","address":"0xdd629e5241cbc5919847783e6c96b2de4754e438","chain_id":1,"symbol":"mTBILL","name":"Midas US Treasury Bills","category":"tokenized_treasury","review_status":"reviewed","risk_score":6.88,"risk_tier":"Core","issuer":{"id":"midas","name":"Midas","jurisdiction":"Germany (issuer GmbH) / Liechtenstein (prospectus)","type":"tokenization_platform","website_url":"https://midas.app/"},"in_basket_a":false,"dimensions":{"issuer_custody":7,"reserve_transparency":7.5,"redeemability":8,"protocol_security":null,"liquidity":7,"credit_quality":null,"default_rate":null,"recovery_rate":null,"subadvisor_concentration":null,"redemption_terms":null},"institutional":{"regulatory_wrapper":"mica","regulatory_jurisdiction":"DE","kyc_gate":"kyc_required","custodian_name":"Maerki Baumann & Co. AG (Zurich)","auditor_name":"Daily attestations published; third-party verifier not publicly named","attestation_cadence":"daily","redemption_window":"T+0","aum_usd":51202058.42,"yield_pct":3.0915,"duration_days":60,"currency":"USD","aum_native":null,"fx_rate_used":null,"fx_rate_at":null,"aum_usd_source":"native","yield_basis":"sec_7_day"},"data_provenance":[{"notes":"rwa.xyz: AUM $51,903,772; 7D APY 2.07%, 30D APY 2.94%; custodian Maerki Baumann & Co. AG; instant redemption; 3,340 holders; inception 2023-12-01.","source_url":"https://app.rwa.xyz/assets/mTBILL","source_type":"aggregator","retrieved_at":"2026-05-06","document_hash":null},{"notes":"Issuer documentation: certificate structure, daily attestations, Liechtenstein FMA prospectus.","source_url":"https://docs.midas.app/tokens/mtbill","source_type":"issuer_disclosure","retrieved_at":"2026-05-06","document_hash":null},{"notes":"Base Prospectus approved by Liechtenstein FMA on 17 July 2024 under EU Prospectus Regulation.","source_url":"https://www.mfsa.mt/wp-content/uploads/2024/11/Midas-Software-GmbH-Base-Prospectus-Document-dated-17-July-2024.pdf","source_type":"regulatory_filing","retrieved_at":"2026-05-06","document_hash":null},{"notes":"Independent reporting confirming EU retail-eligible regulatory wrapper.","source_url":"https://www.theblock.co/post/320120/in-an-eu-first-tokenization-firm-midas-opens-mtbill-and-mbasis-tokens-to-retail-traders","source_type":"press_release","retrieved_at":"2026-05-06","document_hash":null},{"notes":"On-chain Ethereum address verification.","source_url":"https://etherscan.io/token/0xdd629e5241cbc5919847783e6c96b2de4754e438","source_type":"explorer","retrieved_at":"2026-05-06","document_hash":null}],"reviewed_by":"philidor-rwa-specialist","reviewer":{"slug":"philidor-rwa-specialist","name":"Philidor RWA Specialist","role":"asset_specialist","attested_at":"2026-06-14 20:25:43.670877+00"},"recorded_at":"2026-06-14 20:25:43.659631+00","freshness":{"last_refresh_at":"2026-06-16 04:06:35.392819+00","age_hours":0.5,"status":"fresh","last_status":"no_change"},"dependency_chain":[{"kind":"etf_underlying","layer":1,"symbol":"BlackRock short-duration UCITS Treasury ETF"},{"kind":"real_world_asset","layer":2,"symbol":"US T-bills"}],"methodology_version":"v1.3","chain_overlay":{"multiplier":1,"bridge_centralization":10,"sequencer_centralization":10,"validator_set_size_score":10,"chain_age_score":10,"rationale":"L1 calibration anchor: PoS with ~1M+ validators, no sequencer concept, no canonical bridge dependency, 9+ years of uptime. Multiplier = 1.0 by construction."}},{"asset_id":"406","asset_version_id":"3998","address":"0x238a700ed6165261cf8b2e544ba797bc11e466ba","chain_id":1,"symbol":"mF-ONE","name":"Midas Fasanara mF-ONE Credit Fund","category":"rwa_credit","review_status":"reviewed","risk_score":5.13,"risk_tier":"Core","issuer":{"id":"fasanara","name":"Fasanara Capital","jurisdiction":"UK (FCA)","type":"asset_manager","website_url":"https://www.fasanara.com/"},"in_basket_a":false,"dimensions":{"issuer_custody":6.5,"reserve_transparency":6,"redeemability":null,"protocol_security":null,"liquidity":5.5,"credit_quality":5.5,"default_rate":5.5,"recovery_rate":5,"subadvisor_concentration":5,"redemption_terms":4},"institutional":{"regulatory_wrapper":"mica","regulatory_jurisdiction":"LI","kyc_gate":"kyc_required","custodian_name":"Fund-of-fund structure: Midas certificate wraps Fasanara F-ONE; F-ONE underlying uses institutional custodians not named on the wrapper page","auditor_name":"Not publicly disclosed on Midas wrapper listing","attestation_cadence":"monthly","redemption_window":"quarterly_window","aum_usd":69697457.45,"yield_pct":9.97,"duration_days":365,"currency":"USD","aum_native":null,"fx_rate_used":null,"fx_rate_at":null,"aum_usd_source":"native","yield_basis":"distribution_rate_ttm"},"data_provenance":[{"notes":"rwa.xyz: AUM $70,574,743; 7D APY 4.72%, 30D APY 9.97%; redemption fee 1.00%; inception 2025-06-20. Multi-strategy private-credit underlying.","source_url":"https://app.rwa.xyz/assets/mF-ONE","source_type":"aggregator","retrieved_at":"2026-05-06","document_hash":null},{"notes":"Issuer documentation: certificate structure, Liechtenstein FMA-approved EU prospectus (Midas Software GmbH base prospectus 17 Jul 2024), wraps Fasanara F-ONE fund + digital-asset delta-neutral sleeve + mTBILL liquidation pool.","source_url":"https://docs.midas.app/tokens/mf-one","source_type":"issuer_disclosure","retrieved_at":"2026-05-06","document_hash":null},{"notes":"Steakhouse risk write-up: discloses monthly subscription / quarterly redemption mismatch and Morpho repo design. Material liquidity risk in DeFi context — flagged in dimension scoring (redeemability=5.5).","source_url":"https://kitchen.steakhouse.financial/p/midas-fasanara-mf-one-in-morpho-onchain","source_type":"attestation","retrieved_at":"2026-05-06","document_hash":null},{"notes":"Independent reporting on F-ONE multi-strategy composition (fintech receivables, SME, real-estate-backed, delta-neutral crypto).","source_url":"https://www.theblock.co/post/360182/midas-tokenizes-fasanaras-f-one-fund-for-onchain-exposure-to-private-credit-digital-asset-strategies","source_type":"press_release","retrieved_at":"2026-05-06","document_hash":null},{"notes":"On-chain Ethereum address verification — issuer Midas Software GmbH.","source_url":"https://etherscan.io/token/0x238a700ed6165261cf8b2e544ba797bc11e466ba","source_type":"explorer","retrieved_at":"2026-05-06","document_hash":null}],"reviewed_by":"philidor-rwa-specialist","reviewer":{"slug":"philidor-rwa-specialist","name":"Philidor RWA Specialist","role":"asset_specialist","attested_at":"2026-06-15 17:11:38.167043+00"},"recorded_at":"2026-06-15 17:11:38.126002+00","freshness":{"last_refresh_at":"2026-06-16 04:06:35.388099+00","age_hours":0.5,"status":"fresh","last_status":"no_change"},"dependency_chain":[{"kind":"underlying_fund","layer":1,"symbol":"Fasanara F-ONE"},{"kind":"real_world_asset","layer":2,"symbol":"Multi-strategy private credit"}],"methodology_version":"v1.3","chain_overlay":{"multiplier":1,"bridge_centralization":10,"sequencer_centralization":10,"validator_set_size_score":10,"chain_age_score":10,"rationale":"L1 calibration anchor: PoS with ~1M+ validators, no sequencer concept, no canonical bridge dependency, 9+ years of uptime. Multiplier = 1.0 by construction."}}],"meta":{"page":1,"limit":20,"total":2,"totalPages":1}}