Midas Fasanara Global (mGLOBAL) stablecoin analytics
Answer First
What is Midas Fasanara Global (mGLOBAL)?
mGLOBAL is a Midas tokenized certificate wrapping Fasanara's global private-credit and strategy portfolio; NAV-accreting, EEA-restricted rails. The static profile records its US Dollar-denominated NAV accounting mechanism as: NAV-accreting Midas tokenized certificate; primary issuance and redemption occur through Midas permissioned rails rather than a fixed $1 peg.
Is mGLOBAL safe?
mGLOBAL holds a C- Safety Score grade (52/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Midas Fasanara Global uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Self-Reported PoR from Midas Attestation Engine: on-chain NAV/proof-of-reserves/price, independently verified via Chainlink, Canary, LlamaRisk and vLayer; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Midas Fasanara Global (mGLOBAL) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar-denominated NAV.
AI summary / Updated Sep 7, 2026
mGLOBAL is Midas's tokenized certificate over Fasanara's global private-credit strategy, largely short-dated trade receivables and digital invoices from SMEs. It accrues NAV through issuer-priced portfolio performance, so it is not a fixed $1 payment stablecoin. Pharos models the reserve as a single high-risk Fasanara strategy slice and surfaces the contract-priced strategy-token warning because secondary-market volume is thin. The Midas attestation engine provides daily NAV and proof tooling, but primary...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Midas: mGLOBAL is now live on the Aave Horizon RWA market
- Collateral
- Tokenized exposure to Fasanara's Global Fund (same strategy as the Global Diversified Alternative Debt Fund): an asset-backed lending portfolio investing primarily in short-dated trade receivables and digital invoices purchased from SMEs, held via Midas tokenized-certificate rails.
- Peg Mechanism
- NAV-accreting Midas tokenized certificate; primary issuance and redemption occur through Midas permissioned rails rather than a fixed $1 peg.
- Jurisdiction
- Luxembourg / Luxembourg securitisation note issued by Aureum Securitisation Fund (Compartment mGLOBAL) under Luxembourg securitisation law; NAV calculated monthly by independent administrator JTC Luxembourg; EEA-restricted, not available to U.S. retail persons.
- Proof Of Reserves
- Self-Reported PoR by Midas Attestation Engine: on-chain NAV/proof-of-reserves/price, independently verified via Chainlink, Canary, LlamaRisk and vLayer Reserve source
- Contracts
- 1 deployment tracked across Ethereum.
Next Actions
Exact bot target: /subscribe dews,depeg,safety mglobal-midas-fasanara
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
mGLOBAL quick answers
What is Midas Fasanara Global (mGLOBAL)?
mGLOBAL is a Midas tokenized certificate wrapping Fasanara's global private-credit and strategy portfolio; NAV-accreting, EEA-restricted rails. The static profile records its US Dollar-denominated NAV accounting mechanism as: NAV-accreting Midas tokenized certificate; primary issuance and redemption occur through Midas permissioned rails rather than a fixed $1 peg.
Is mGLOBAL safe?
mGLOBAL holds a C- Safety Score grade (52/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Midas Fasanara Global uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Self-Reported PoR from Midas Attestation Engine: on-chain NAV/proof-of-reserves/price, independently verified via Chainlink, Canary, LlamaRisk and vLayer; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs mGLOBAL?
Pharos classifies mGLOBAL backing as Real-World Asset Backed. Collateral, per the static profile: Tokenized exposure to Fasanara's Global Fund (same strategy as the Global Diversified Alternative Debt Fund): an asset-backed lending portfolio investing primarily in short-dated trade receivables and digital invoices purchased from SMEs... Reserve evidence: Self-Reported PoR from Midas Attestation Engine: on-chain NAV/proof-of-reserves/price, independently verified via Chainlink, Canary, LlamaRisk and vLayer.
Can mGLOBAL be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for mGLOBAL, when applicable, appear in the dossier below.
