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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
3h 43m
On schedule
Used as DeFi collateral
$31.1M· 2 markets

Counterparties

Which offchain companies could fail, even if the asset is fine?

Red

The custodian isn't disclosed.

  1. The custodian isn't disclosed.

  2. The fund administrator isn't disclosed.

  3. No financial audit is disclosed.

  4. Holders get Fasanara's strategy through a Midas certificate, so both Midas and Fasanara have to perform.

  5. Settles by USDC, USD wire.

  • Strategy manager: Fasanara Capital.
  • Portfolio monitoring: 1Token.

Service providers

Who holds, values, audits and registers the assets, and whether they answer to a regulator.

RoleFirmIndependent of issuerRegulated
CustodianNot public · searched 25 Oct 2026 Help us find it——
Fund administratorNot public · searched 25 Oct 2026 Help us find it——
AuditorNot public · searched 25 Oct 2026 · The only auditor found (Ausborn & Partner) belongs to a different Midas product. Help us find it——
Transfer agentNot public · searched 14 Oct 2026 Help us find it——

Settlement rails

How subscription and redemption money moves. One rail is a single point of failure.

USDCUSD wire

Other parties holders depend on

  • Strategy manager: Fasanara Capital
  • Portfolio monitoring: 1Token
  • Dependency Holders get Fasanara's strategy through a Midas certificate, so both Midas and Fasanara have to perform.