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RWABeat

Midas Fasanara ONE

Tokenized certificate giving indirect exposure to Fasanara Capital's F-ONE strategy (fintech receivables, SME lending, real-estate credit and delta-neutral digital assets). Holders have no beneficial interest in the underlying, and the claims are subordinated. Midas uses one shared permissions contract across its tokens. A 48-hour timelock covers upgrades only; granting a mint or burn role is instant. The published signer policy (4 or more) does not match the 1-of-3 Safe onchain.

Private creditNon-US professional investors onlyOnchain dataIssued by Fasanara Capital · Platform Midas
Value
$66.1M
Stage
None
Below Stage 0: key facts not disclosed
Single-key powers
20
Single key holds critical power
Oracle age
14h 6m
On schedule
Used as DeFi collateral
$31.1M· 2 markets

Legal Claim

If the issuer goes bankrupt, do holders still own the assets?

Not assessed

Not assessed yet. Bankruptcy remoteness, what the token legally is, and holder rights need a legal review.

No checks recorded.

Until a qualified legal reviewer joins, we show the public records below so you can read them yourself. This category will check:

  • Structure: regulated fund, bankruptcy-remote SPV, or direct issuer liability
  • What the token legally is: a fund share, a debt note, or a contractual claim
  • Whether the token is the official record of ownership
  • Jurisdiction, and whether a court there would recognize a token holder
  • An independent trustee or board that can act for holders
  • Regulatory status of the product and the issuer

Bankruptcy remoteness (Stage 1) and an independent trustee (Stage 2) depend on this review.

Legal structure

Issuer
Midas Software GmbH
Vehicle
German exempt-offer tokenized certificate (debt instrument), qualified subordination
Jurisdiction
Germany
If the issuer fails
Claims are subordinated (qualified subordination). The redemption amount is a hypothetical best-efforts liquidation net of fees and may differ from the oracle price. Holders have no legal or beneficial interest in the underlying assets.

Public records

LEI
984500BB00BN6D2B7C48
SEC filings
Not public · searched 14 Oct 2026 · Exempt offer. No MFSA filing for mF-ONE was found. Help us find it
Offering document
Not public · searched 14 Oct 2026 · Final terms and the base prospectus were not found. Help us find it
Audited financials
Not public · searched 14 Oct 2026 Help us find it
Transfer agent
Not public · searched 14 Oct 2026 Help us find it