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Turkey
27 Feb 2020 (6 Years)
Last online: No recent activity
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Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Midas
Company Information
Get to know Midas
Originally founded in 2018 as a centralized finance (CeFi) platform for crypto yield generation, Midas.Investments grew to manage over $250 million in assets. However, in late 2022, the company suffered significant losses due to the collapses of Celsius and FTX, leading to the closure of its CeFi platform. The company has since pivoted its business model to a CeDeFi (Centralized-Decentralized Finance) approach. The new platform focuses on providing transparent, on-chain asset management strategies through tokenized vaults, aiming to offer sustainable yields from both crypto and real-world assets (RWA).
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