Tokenized Assets Arrive on Tezos L2 as Midas Joins Etherlink
Midas, an institutional-grade asset tokenization platform, has integrated with Etherlink, Tezos' LAYER 2 solution, marking a significant step in democratizing access to compliant financial infrastructure. The collaboration focuses on Liquid Yield Tokens (LYTs), enabling use cases like collateralized lending and portfolio management.
The platform has launched mMEV and mRe7YIELD, tracking MEV Capital's yield strategy and Re7 Capital's DeFi yield strategies, respectively. Despite discrepancies in reported TVL—$350 million on Midas' website versus $190 million on DefiLlama—the MOVE underscores Etherlink's growing role as a backbone for tokenized assets.