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By Ian Allison, AI Boost|Edited by Sheldon Reback
Jul 16, 2025, 12:00 p.m.
- Midas introduced two tokenized DeFi strategy products on Etherlink.
- The products offer compliant, self-custodied access to structured DeFi yield strategies.
Midas, a financial tokenization platform, said it is introducing two tokenized investment products on Etherlink, an Ethereum-compatible layer-2 overlay system for faster and cheaper transactions, built using the Tezos blockchain.
The new products, mMEV and mRe7YIELD, are designed to offer opportunities in decentralized finance (DeFi) and are monitored by MEV Capital and Re7 Capital, respectively, each acting as appointed risk manager, according to a Wednesday press release.
STORY CONTINUES BELOW
The move builds on Midas’ earlier products, mBASIS and mTBILL, which have together attracted $11 million in total value locked (TVL) on Etherlink since their introduction. These tokenized certificates track financial strategies through ERC-20 tokens, allowing users to hold exposure through self-custodied, permissionless smart contracts while retaining compliance oversight.
The new products follow a similar model. mMEV offers exposure to arbitrage and market-neutral opportunities across blockchain ecosystems, while mRe7YIELD tracks diversified DeFi yield strategies. In both cases, investors avoid dealing with multiple intermediaries or regional regulations by executing strategies via a single on-chain transaction.
Etherlink, with its fast confirmation times and negligible transaction fees, has seen recent network upgrades, including near-instant withdrawal times.
What once required contracting through multiple layers of intermediaries, each governed by their own local regulations, may soon be executed through a single smart contract call, said David Relkin, head of DeFi at Nomadic Labs, a Tezos developer group working on Etherlink.
“Products like mMEV and mRE7YIELD finally make advanced yield-farming strategies accessible to institutional investors. We view them as one important step toward bringing wholesale finance fully on-chain,” Relkin said in the statement.
For Midas, Etherlink provides the ideal environment for scalable financial applications, where strategies can be composed directly into lending, automated market making and structured vaults with minimal overhead and maximal accessibility, said Dennis Dinkelmeyer, CEO at Midas
“Etherlink offers the scalability and composability needed to bring structured, compliant strategies fully on-chain. With mMEV and mRe7YIELD, we’re expanding secure, self-custodied exposure to institutional-grade products.” Dinkelmeyer said in a statement.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
Ian Allison is a senior reporter at CoinDesk, focused on institutional and enterprise adoption of cryptocurrency and blockchain technology. Prior to that, he covered fintech for the International Business Times in London and Newsweek online. He won the State Street Data and Innovation journalist of the year award in 2017, and was runner up the following year. He also earned CoinDesk an honourable mention in the 2020 SABEW Best in Business awards. His November 2022 FTX scoop, which brought down the exchange and its boss Sam Bankman-Fried, won a Polk award, Loeb award and New York Press Club award. Ian graduated from the University of Edinburgh. He holds ETH.
“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk’s AI Policy.
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