London, UK — July 16th, 2025 – Midas, the institutional-grade tokenisation platform, continues its expansion on Etherlink — the EVM-compatible Layer 2 blockchain built on Tezos Smart Rollup technology. Following the launch of mBASIS and mTBILL, Midas has now added two new flagship products on the Etherlink mainnet, mMEV, and mRe7YIELD, further broadening its on-chain offerings.
The partnership brings Midas’ compliant tokenisation infrastructure to one of the fastest and most cost-effective L2 environments, enhancing access to compliant, composable tokens for decentralized financial applications.
Composability at Scale: Midas on Etherlink
Midas issues tokenized certificates that are designed to track the performance of strategies through fully self-custodied ERC-20 tokens. These tokens are designed to offer transparent,
on-chain access to structured financial strategies via permissionless smart contracts, backed by robust compliance and issuance infrastructure.
To date, mBASIS and mTBILL have already achieved $11 million in total value locked (TVL) on Etherlink, underscoring market demand for liquid, verifiable exposure to traditional and digital yield strategies.
Now added to this ecosystem are mMEV, structured to reflect market-neutral DeFi opportunities and structured yield strategies deployed across blockchain ecosystems, and mRe7YIELD, designed to reflect diversified, market-neutral DeFi yield strategies. These strategies are monitored by MEV Capital and Re7 Capital, respectively, each acting as appointed Risk Manager, ensuring institutional-grade oversight while preserving DeFi-native composability.
Why Etherlink
Etherlink is a non-custodial, EVM-compatible Layer 2 built on Tezos Smart Rollups, offering developers sub-500ms confirmation times and near-zero transaction fees. Unlike traditional L2s, Etherlink posts state commitments to Tezos L1 with 8-second latency, providing a balance of speed, security, and decentralization.
“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. 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.
Its open governance model and transparent, fraud-proof mechanisms ensure that protocol evolution reflects community consensus, making it a uniquely fair and resilient foundation for DeFi innovation.
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.
“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.”
— Dennis Dinkelmeyer, CEO at Midas
The timing aligns with significant momentum in the Etherlink ecosystem, with total value locked surging beyond $40M in recent months. Recent network upgrades and improved bridging infrastructure, including fast withdrawals that reduce withdrawal times from 15 days to under a minute, demonstrate the platform’s rapid evolution and growing adoption.
A Strategic Alignment of Infrastructure
This integration reflects Midas’ commitment to deploying on infrastructure that enables open financial systems where anyone can access compliant, composable yield instruments at low cost and high speed.
The collaboration paves the way for deeper integrations of LYTs into the Etherlink ecosystem, unlocking use cases from collateralized lending and risk tranching to smart contract-based portfolio management.