Launching mGLO on Robinhood Chain
Today, 1 July, marks the mainnet launch of Robinhood's long-awaited Robinhood Chain, an EVM-compatible L2 built for real-world assets. And from day one, mGLO, a tokenised investment strategy linked to the performance of Fasanara Capital's Global Diversified Alternative Debt strategy, is available on the newly launched chain.
Why Robinhood Chain
Our vision is to make investing work like the internet: open, transparent, composable, and for everyone. Robinhood Chain is built on the same premise. It is an Ethereum-compatible Layer-2 optimised for tokenised real-world assets, designed for open access and native composability, and positioned to bring traditional markets, crypto, and onchain finance onto a single network.
The Strategy
mGLO is a tokenised investment strategy linked to the performance of Fasanara Capital's Global Diversified Alternative Debt strategy, the same reference portfolio as mGLOBAL. The portfolio comprises short-duration, investment-grade asset-backed credit sourced from SMEs across 60+ countries. The strategy is managed and monitored by Fasanara, acting as the appointed strategy manager, with ongoing oversight of risk parameters and performance.
Coming to Robinhood Chain places that strategy on a network purpose-built for onchain financial instruments, accessible to a wider base of builders and investors.
Access mGLO here.
Looking Ahead
Tokenised real-world assets only matter if they can move where investors and capital already are. Robinhood Chain gives mGLO a network built for that, and gives institutional asset-backed credit a home alongside the rest of onchain finance. This is one more step towards investing that works like the internet: open, composable, and within reach of everyone.
About Midas
Midas is a platform for composable onchain investment products. It gives investors exposure to institutional strategies, run by professional strategy managers, through its performance-linked mTokens. These tokens offer full transparency, instant redemptions, and native composability across DeFi. Founded in 2024, the company secured $50M in Series A funding, building on a track record that includes over $2B in asset issuance and $43M in yield paid out to date.
About Robinhood Chain
Robinhood Chain is a permissionless, Ethereum-compatible Layer-2 blockchain built to support onchain financial infrastructure that brings traditional markets, crypto, and real-world assets together on a fast, efficient, and open network. It is optimised for tokenised real-world assets, including equities, ETFs, and private assets, allowing them to be represented and traded onchain. Built on Arbitrum Chain technology, it combines Ethereum's security with high throughput and low transaction costs, and is designed to be open and developer-friendly, allowing anyone to build applications and deploy smart contracts.