Midas Teams with Fasanara, Morpho & Steakhouse to Launch Disruptive Private Credit Tokenization Product

Wall Street's worst-kept secret just got a blockchain facelift.

Midas—the tokenization upstart that's been quietly eating traditional finance's lunch—just dropped a private credit product with heavyweights Fasanara Capital, DeFi lender Morpho, and crypto-native advisory firm Steakhouse. The move signals institutional capital's accelerating pivot toward on-chain debt markets.

Private credit goes链上

The collaboration merges Fasanara's $4.5B AUM private credit expertise with Morpho's capital-efficient lending pools and Steakhouse's tokenization savvy. No more begging banks for loans when code can underwrite risk at 1/100th the overhead.

Tokenized debt: Not your grandpa's bond

Forget paper certificates collecting dust in vaults. These digitized debt instruments live on-chain—tradable 24/7 with instant settlement. The product targets yield-starved institutions tired of 2% Treasury returns (and the 47 middlemen taking cuts along the way).

Another brick in DeFi's wall

The launch further blurs lines between TradFi and decentralized finance. As one Steakhouse exec quipped: 'We're not here to disrupt banks... just to make their 9am-5pm, SWIFT-dependent business model look increasingly ridiculous.'