Latest news with #Fasanara
Yahoo
17 hours ago
- Business
- Yahoo
Tokenization Firm Midas Introduces Private Credit Product with Fasanara, Morpho and Steakhouse
Midas, a protocol for issuing yield-bearing tokens backed by U.S. Treasuries and other assets, has introduced a blockchain-based private credit product, with the help of institutional asset manager Fasanara and crypto natives Morpho and Steakhouse, the companies said on Friday. Midas' mF-ONE, a blockchain-native investment certificate, is structured to track Fasanara's F-ONE fund composed of allocations across fintech-originated receivables, SME lending, real estate-backed credit, and delta-neutral digital strategies. Qualified investors can collateralize mF-ONE in a mF-ONE/USDC Morpho Market and borrow USDC liquidity supplied from USDC vaults curated by Steakhouse, according to a press release. This allows customers to borrow stablecoins against their holdings and gain capital efficiency while maintaining exposure to a credit strategy. Back in February, Midas introduced Liquid Yield Tokens (LYT) linked to actively managed, decentralized finance (DeFi) funds, starting out with Edge Capital, RE7 Capital, and MEV Capital. The mF-ONE launch is supported by participation from leading DeFi and institutions, including: Stake Capital, GSR, Hardcore Labs, SumCap and CIAN.
Zawya
06-05-2025
- Business
- Zawya
Former Shuaa Capital CEO joins Fasanara Capital to drive Middle East expansion
The former CEO of Dubai-listed Shuaa Capital has been appointed Middle East head of London-headquartered alternative investment manager Fasanara Capital as it seeks regional expansion. Fasanara, which registered an ADGM-based entity in March, and has $4.5 billion in fintech-focused assets under management, has recruited Fawad Tariq-Khan as its managing director, Middle East, based in Abu Dhabi. Tariq-Khan was Group CEO of Shuaa Capital, before leaving in 2024 and launching his own venture, Exnite, investing in Irish investment firm Quintas Capital, as well as founding AI company AgentPlex with a former Shuaa colleague. Fasanara CEO Francesco Filia said Tariq-Khan will help to drive Middle East expansion. The firm, which manages fintech-focused investment strategies on behalf of European and North American pension funds, has already carried out its first regional investment - a $60 million securitisation debt facility to Saudi crowdlending platform Forus. (Reporting by Imogen Lillywhite; editing by Daniel Luiz)
