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Midas Fasanara Global Open

MGLO Rank #260
$1.010.00%24h
Low $1.01High $1.01

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Market cap$119.02MRank #260
Fully diluted value$119.02M
Volume (24h)$0.00Vol / Mcap 0.00%
Circulating supply118.33MMGLO
Total supply118.33M
Max supply∞no hard cap
All-time high$1.01Sep 25, 2026
All-time low$1.00Jul 23, 2026

What is Midas Fasanara Global Open?

Launch and portfolio

Midas launched mGLO on Base in June 2026. It became available on Robinhood Chain on July 1, 2026. The token references the same portfolio as Midas' mGLOBAL product. Fasanara Capital manages and monitors the underlying strategy. Its portfolio focuses on short-duration asset-backed credit. The strategy sources financing exposures from small and medium-sized businesses across more than 60 countries.

Investment token

mGLO is a financial instrument whose value follows the reference portfolio's performance. It is not structured as a stablecoin with a fixed dollar redemption price. Portfolio returns and losses affect its net asset value. Midas describes mGLO tokens as freely transferable and compatible with DeFi protocols. This lets the investment position move through blockchain applications while its underlying assets remain managed offchain. Midas publishes reporting on portfolio holdings, net asset value and performance through its attestation infrastructure. Liquidity and redemption infrastructure are provided through the Midas product framework. The token represents the strategy exposure rather than governance over the Fasanara asset manager.

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