Berlin-based Midas has integrated its mGLOBAL token into Aave Horizon, the permissioned lending market built for real-world assets on Ethereum. The move lets accredited institutional users deposit mGLOBAL as collateral and borrow USDC, all while keeping full exposure to the yields generated by the underlying strategy.
mGLOBAL represents Fasanara Capital’s Global Diversified Alternative Debt strategy, which targets short-duration, investment-grade asset-backed credit focused on small and medium-sized enterprises. Fasanara Capital manages $5.5 billion in assets. The partnership with Midas effectively puts a slice of that strategy onchain, giving it composability within DeFi infrastructure.
The token trades near $1.00 and currently has a total value locked of approximately $37.6 million on the Midas platform. Meanwhile, Midas’s broader issuance of tokenized assets has surpassed $1.7 billion. Midas raised $50 million in a Series A round in March 2026, giving it the capital to push deeper into tokenized real-world assets.
How Aave Horizon fits into the picture
Aave Horizon launched in August 2025 as a dedicated, permissioned market for real-world assets. It was built by Aave Labs specifically to let institutional users borrow stablecoins, including USDC, RLUSD, and GHO, against tokenized collateral. Unlike the open Aave protocol, Horizon gates entry to accredited participants.
