# Midas Fasanara Global Open (mGLO)

<https://galactic.inc/analytics/mglo/>

Data block: 26,238,003 (2026-10-21 02:32 UTC)

[Midas](https://midas.app/) · Private credit · Ethereum · Base
- Price: $1.0058
- Market cap: $82.97M
- Supply: 82,496,678.46
- Holder addresses: 13
- Top 10 share: 100.0%
- Transfer volume (30d) · Ethereum: $71.31M

Midas Fasanara Global Open (mGLO) is a tokenized private credit product issued by Midas / Fasanara. Across Ethereum and Base it has a combined supply of 82,496,678.46 tokens held by 13 addresses, for a market cap of $82.97M.

## Price sources

| Source | Value | Type | Estimated | Link | As of |
|---|---|---|---|---|---|
| Midas mGLO/USD | $1.0058 | On-chain read | No | [etherscan.io](https://etherscan.io/address/0x59313b6ae481e39b8e7710c8c26dc0ada3c532ca) | 2026-10-21 |
| CoinGecko | $1.0060 | Third party | No | [coingecko.com](https://www.coingecko.com/en/coins/midas-fasanara-global-open) | 2026-10-21 |

## Supply by chain

| Chain | Supply | Holder addresses | Market cap | Data as of |
|---|---|---|---|---|
| Ethereum | 31,255,390.81 | 13 | $31.44M | [Block 26,238,003](https://etherscan.io/block/26238003) |
| Base | 51,241,287.65 | — | $51.54M | [Block 52,880,372](https://basescan.org/block/52880372) |
| Total | 82,496,678.46 | 13 | $82.97M |  |

## Backing

Retrieved: 2026-10-16

### Token supply vs reported

| Comparison | Token supply | Reported | Gap | Ratio |
|---|---|---|---|---|
| Ethereum market cap vs issuer-reported total value locked (all chains) | $31.44M | $119.02M | −$87.58M | 0.2641 |

### Token supply

| Ethereum, block 26,238,003 | mGLO |
|---|---|
| Tokens outstanding | 31,255,390.81 |
| Market cap (Ethereum) | $31.44M |

### Reported assets

| [Issuer report](https://midas.app/transparency) | Reported |
|---|---|
| Total value locked (issuer-reported, all chains) | [$119.02M](https://midas.app/transparency) |

## Key facts

- **Issuer:** [Midas](https://midas.app/)
- **Category:** Private credit
- **Chains:** Ethereum, Base
- **Deployed · Ethereum:** 2026-07-13
- **Transfers (30d) · Ethereum:** 30
- **Transfer volume (30d) · Ethereum:** $71.31M
- **Data block · Ethereum:** [26,238,003](https://etherscan.io/block/26238003)

## Regulatory structure

As of 2026-10-17

- **US persons:** [Not permitted (per issuer)](https://docs.midas.app/legal/eligibility-and-compliance)

[Definitions and methodology](https://galactic.inc/analytics/mglo/#regulatory-glossary)

## Contract control

| Holder | Roles | Type | Key use | Last rotated |
|---|---|---|---|---|
| **Ethereum** |  |  |  |  |
| [0xe3ee…1852](https://etherscan.io/address/0xe3eee3e0d2398799c884a47fc40c029c8e241852) | Upgrade admin | Timelock 48h | [Shared · 3 assets](https://galactic.inc/analytics/issuers/midas/#k-ethereum-0xe3eee3e0d2398799c884a47fc40c029c8e241852) | [2025-09-09](https://etherscan.io/tx/0x07a8b97d5466035d9ffb88cc594251850bc05fe30e5ed951d7f6f7ec23db54b9) (406 days ago)Rotations in past 24 months: 2 · Within 12 months: No |
| [0xb608…7e89](https://etherscan.io/address/0xb60842e9dabcd1c52e354ac30e82a97661cb7e89) | Timelock proposer | Multisig 1/3 | [Shared · 3 assets](https://galactic.inc/analytics/issuers/midas/#k-ethereum-0xb60842e9dabcd1c52e354ac30e82a97661cb7e89) | Signers: no onchain change recorded |
| **Base** |  |  |  |  |
| [0x9230…b0cb](https://basescan.org/address/0x9230f9cbaca32bad2b19cab331d3e6509b8eb0cb) | Upgrade admin | Timelock 48h | [Shared · 2 assets](https://galactic.inc/analytics/issuers/midas/#k-base-0x9230f9cbaca32bad2b19cab331d3e6509b8eb0cb) | Rotation history not available |

## Role history

| Role | Key | Type | Added | Days held | Granted by | Other assets |
|---|---|---|---|---|---|---|
| **Ethereum** |  |  |  |  |  |  |
| Upgrade admin | [0xbf25…0aac](https://etherscan.io/address/0xbf25b58cb8dfad688f7bcb2b87d71c23a6600aac) | Other contract | [2026-07-13](https://etherscan.io/tx/0xb6db826996c50fc59b1f1af36b4cd7b556cd4457795a770b651b4d867573486f) | 99 | [0xf377…149a](https://etherscan.io/address/0xf377e2aa453be3accd5e0350243965c98bb7149a) | — |
| Owner | [0xe3ee…1852](https://etherscan.io/address/0xe3eee3e0d2398799c884a47fc40c029c8e241852) | Timelock | [2025-09-09](https://etherscan.io/tx/0x07a8b97d5466035d9ffb88cc594251850bc05fe30e5ed951d7f6f7ec23db54b9) | 406 | [0x8003…2e5f](https://etherscan.io/address/0x8003544d32ee074aa8a1fb72129fa8ef7fe02e5f) | [mF-ONE](https://galactic.inc/analytics/mf-one/) · [mTBILL](https://galactic.inc/analytics/mtbill/) |
| Multisig signer 0xb608…7e89 | [0x8003…2e5f](https://etherscan.io/address/0x8003544d32ee074aa8a1fb72129fa8ef7fe02e5f) | Single key | [2025-05-05](https://etherscan.io/tx/0x082f0effa0c5711aed7e958dfe398f9ce038ffc7c8476fdee81b24aee0228a62) | 533 | [0xb608…7e89](https://etherscan.io/address/0xb60842e9dabcd1c52e354ac30e82a97661cb7e89) | — |
| Multisig signer 0xb608…7e89 | [0x82b3…0cb7](https://etherscan.io/address/0x82b30194beae06d991bc71850f949ec8cb7e0cb7) | Single key | [2025-05-05](https://etherscan.io/tx/0x761ca38e5153ac7043e4141b4d94fd5d9337f3d84382d72cc4b0783cfcd4cc2f) | 533 | [0x4e1d…ec67](https://etherscan.io/address/0x4e1dcf7ad4e460cfd30791ccc4f9c8a4f820ec67) | — |
| Multisig signer 0xb608…7e89 | [0xc50b…6880](https://etherscan.io/address/0xc50bd8430545c80a681c7cb33e6560fb0bd86880) | Single key | [2025-05-05](https://etherscan.io/tx/0x761ca38e5153ac7043e4141b4d94fd5d9337f3d84382d72cc4b0783cfcd4cc2f) | 533 | [0x4e1d…ec67](https://etherscan.io/address/0x4e1dcf7ad4e460cfd30791ccc4f9c8a4f820ec67) | — |
| Signing threshold 0xb608…7e89 | Threshold: 1 | — | [2025-05-05](https://etherscan.io/tx/0x761ca38e5153ac7043e4141b4d94fd5d9337f3d84382d72cc4b0783cfcd4cc2f) | 533 | [0x4e1d…ec67](https://etherscan.io/address/0x4e1dcf7ad4e460cfd30791ccc4f9c8a4f820ec67) | — |
| Timelock proposer 0xe3ee…1852 | [0xb608…7e89](https://etherscan.io/address/0xb60842e9dabcd1c52e354ac30e82a97661cb7e89) | Multisig | [2025-09-08](https://etherscan.io/tx/0x488a920aee6588657acefbb2ab9f78945bd2a1b89f3e640cbc588197787bae52) | 407 | [0xa081…facc](https://etherscan.io/address/0xa0819ae43115420beb161193b8d8ba64c9f9facc) | [mF-ONE](https://galactic.inc/analytics/mf-one/) · [mTBILL](https://galactic.inc/analytics/mtbill/) |
| Timelock executor 0xe3ee…1852 | [0xb608…7e89](https://etherscan.io/address/0xb60842e9dabcd1c52e354ac30e82a97661cb7e89) | Multisig | [2025-09-08](https://etherscan.io/tx/0x488a920aee6588657acefbb2ab9f78945bd2a1b89f3e640cbc588197787bae52) | 407 | [0xa081…facc](https://etherscan.io/address/0xa0819ae43115420beb161193b8d8ba64c9f9facc) | [mF-ONE](https://galactic.inc/analytics/mf-one/) · [mTBILL](https://galactic.inc/analytics/mtbill/) |
| **Base** |  |  |  |  |  |  |
| Upgrade admin | [0xbf25…0aac](https://basescan.org/address/0xbf25b58cb8dfad688f7bcb2b87d71c23a6600aac) | Unknown | Earliest available state: 2026-10-20 | — | — | — |
| Owner | [0x9230…b0cb](https://basescan.org/address/0x9230f9cbaca32bad2b19cab331d3e6509b8eb0cb) | Timelock | Earliest available state: 2026-10-20 | — | — | [mTBILL](https://galactic.inc/analytics/mtbill/) |

**Past holders (5)**

| Role | Key | Type | Added | Removed | Days held | Granted by | Other assets |
|---|---|---|---|---|---|---|---|
| **Ethereum** |  |  |  |  |  |  |  |
| Owner | [0xb608…7e89](https://etherscan.io/address/0xb60842e9dabcd1c52e354ac30e82a97661cb7e89) | Multisig | [2025-05-13](https://etherscan.io/tx/0x0f2cdf4cda051e003e8b3e8ec1361e2c0972f986523c570e8f1b7e6e3676fe0c) | [2025-09-09](https://etherscan.io/tx/0x07a8b97d5466035d9ffb88cc594251850bc05fe30e5ed951d7f6f7ec23db54b9) | 119 | [0x875c…bc6a](https://etherscan.io/address/0x875c06a295c41c27840b9c9dfda7f3d819d8bc6a) | [mF-ONE](https://galactic.inc/analytics/mf-one/) · [mTBILL](https://galactic.inc/analytics/mtbill/) |
| Owner | [0x875c…bc6a](https://etherscan.io/address/0x875c06a295c41c27840b9c9dfda7f3d819d8bc6a) | Single key | [2024-02-08](https://etherscan.io/tx/0xc590d85f2f97bc7ea9e74ea61b8b1f9127c984873990f8639cca8848ca399134) | [2025-05-13](https://etherscan.io/tx/0x0f2cdf4cda051e003e8b3e8ec1361e2c0972f986523c570e8f1b7e6e3676fe0c) | 460 | [0xa081…facc](https://etherscan.io/address/0xa0819ae43115420beb161193b8d8ba64c9f9facc) | — |
| Owner | [0xa081…facc](https://etherscan.io/address/0xa0819ae43115420beb161193b8d8ba64c9f9facc) | Single key | [2023-12-01](https://etherscan.io/tx/0x75b0f2b0182c9a2b271ec2a22125bf8483f96ac8f1712bf5564fd35ac87088c1) | [2024-02-08](https://etherscan.io/tx/0xc590d85f2f97bc7ea9e74ea61b8b1f9127c984873990f8639cca8848ca399134) | 69 | [0xa081…facc](https://etherscan.io/address/0xa0819ae43115420beb161193b8d8ba64c9f9facc) | — |
| Multisig signer 0xb608…7e89 | [0x6455…3066](https://etherscan.io/address/0x64559a12dcd3754d1e04b1f78bbcc0365f6a3066) | Single key | [2025-05-05](https://etherscan.io/tx/0x761ca38e5153ac7043e4141b4d94fd5d9337f3d84382d72cc4b0783cfcd4cc2f) | [2025-05-06](https://etherscan.io/tx/0xba2516042439197a21ed160648ec31aebf5c354035cd21c79cc9adba16fe66ee) | 1 | [0x4e1d…ec67](https://etherscan.io/address/0x4e1dcf7ad4e460cfd30791ccc4f9c8a4f820ec67) | — |
| Multisig signer 0xb608…7e89 | [0x0229…85a1](https://etherscan.io/address/0x0229377d4874514720013e9e76e8bf430faf85a1) | Single key | [2025-05-05](https://etherscan.io/tx/0x761ca38e5153ac7043e4141b4d94fd5d9337f3d84382d72cc4b0783cfcd4cc2f) | [2025-05-05](https://etherscan.io/tx/0x082f0effa0c5711aed7e958dfe398f9ce038ffc7c8476fdee81b24aee0228a62) | 0 | [0x4e1d…ec67](https://etherscan.io/address/0x4e1dcf7ad4e460cfd30791ccc4f9c8a4f820ec67) | — |

No onchain log history is available on Base; those rows start from the earliest available state.

## Change log

| Time (UTC) | Network | Event | Details | Transaction |
|---|---|---|---|---|
| 2026-07-13 11:48:35 | Ethereum | Proxy admin changed | 0x0000…0000 → 0xbf25…0aac | [0xb6db…486f](https://etherscan.io/tx/0xb6db826996c50fc59b1f1af36b4cd7b556cd4457795a770b651b4d867573486f) |
| 2026-07-13 11:48:35 | Ethereum | Implementation upgraded | 0xeeb6…53ac | [0xb6db…486f](https://etherscan.io/tx/0xb6db826996c50fc59b1f1af36b4cd7b556cd4457795a770b651b4d867573486f) |
| 2025-09-09 11:07:23 | Ethereum | Ownership transferred | 0xb608…7e89 → 0xe3ee…1852 | [0x07a8…54b9](https://etherscan.io/tx/0x07a8b97d5466035d9ffb88cc594251850bc05fe30e5ed951d7f6f7ec23db54b9) |
| 2025-09-08 09:30:11 | Ethereum | Timelock delay changed | 0h → 48h | [0x488a…ae52](https://etherscan.io/tx/0x488a920aee6588657acefbb2ab9f78945bd2a1b89f3e640cbc588197787bae52) |
| 2025-09-08 09:30:11 | Ethereum | Role granted | EXECUTOR_ROLE · 0xb608…7e89 | [0x488a…ae52](https://etherscan.io/tx/0x488a920aee6588657acefbb2ab9f78945bd2a1b89f3e640cbc588197787bae52) |
| 2025-09-08 09:30:11 | Ethereum | Role granted | CANCELLER_ROLE · 0xb608…7e89 | [0x488a…ae52](https://etherscan.io/tx/0x488a920aee6588657acefbb2ab9f78945bd2a1b89f3e640cbc588197787bae52) |
| 2025-09-08 09:30:11 | Ethereum | Role granted | PROPOSER_ROLE · 0xb608…7e89 | [0x488a…ae52](https://etherscan.io/tx/0x488a920aee6588657acefbb2ab9f78945bd2a1b89f3e640cbc588197787bae52) |
| 2025-09-08 09:30:11 | Ethereum | Role granted | TIMELOCK_ADMIN_ROLE · 0xe3ee…1852 | [0x488a…ae52](https://etherscan.io/tx/0x488a920aee6588657acefbb2ab9f78945bd2a1b89f3e640cbc588197787bae52) |
| 2025-05-13 20:48:23 | Ethereum | Ownership transferred | 0x875c…bc6a → 0xb608…7e89 | [0x0f2c…fe0c](https://etherscan.io/tx/0x0f2cdf4cda051e003e8b3e8ec1361e2c0972f986523c570e8f1b7e6e3676fe0c) |
| 2025-05-06 19:32:11 | Ethereum | Signer removed | 0x6455…3066 | [0xba25…66ee](https://etherscan.io/tx/0xba2516042439197a21ed160648ec31aebf5c354035cd21c79cc9adba16fe66ee) |

**Show 5 earlier events**

| Time (UTC) | Network | Event | Details | Transaction |
|---|---|---|---|---|
| 2025-05-05 21:06:23 | Ethereum | Signer added | 0x8003…2e5f | [0x082f…8a62](https://etherscan.io/tx/0x082f0effa0c5711aed7e958dfe398f9ce038ffc7c8476fdee81b24aee0228a62) |
| 2025-05-05 21:06:23 | Ethereum | Signer removed | 0x0229…85a1 | [0x082f…8a62](https://etherscan.io/tx/0x082f0effa0c5711aed7e958dfe398f9ce038ffc7c8476fdee81b24aee0228a62) |
| 2025-05-05 21:03:59 | Ethereum | Multisig set up | Signers: 4 · threshold: 1 | [0x761c…cc2f](https://etherscan.io/tx/0x761ca38e5153ac7043e4141b4d94fd5d9337f3d84382d72cc4b0783cfcd4cc2f) |
| 2024-02-08 14:09:35 | Ethereum | Ownership transferred | 0xa081…facc → 0x875c…bc6a | [0xc590…9134](https://etherscan.io/tx/0xc590d85f2f97bc7ea9e74ea61b8b1f9127c984873990f8639cca8848ca399134) |
| 2023-12-01 11:19:11 | Ethereum | Ownership transferred | 0x0000…0000 → 0xa081…facc | [0x75b0…88c1](https://etherscan.io/tx/0x75b0f2b0182c9a2b271ec2a22125bf8483f96ac8f1712bf5564fd35ac87088c1) |

## Leadership

- [Dennis Dinkelmeyer](https://galactic.inc/analytics/people/dennis-dinkelmeyer/) · Co-Founder and Chief Executive Officer
- [Fabrice Grinda](https://galactic.inc/analytics/people/fabrice-grinda/) · Co-Founder and Executive Chairman
- [Romain Bourgois](https://galactic.inc/analytics/people/romain-bourgois/) · Co-Founder and Chief Product Officer
- [Jonathan Chevalier](https://galactic.inc/analytics/people/jonathan-chevalier/) · Chief Technology Officer

## Contracts

| Address | Asset |  |
|---|---|---|
| [0x1dd91a111606382b77a917633ed90feaf25e0f76](https://galactic.inc/analytics/mglo/ethereum/0x1dd91a111606382b77a917633ed90feaf25e0f76/) | Midas Fasanara Global Open mGLO | [Etherscan](https://etherscan.io/token/0x1dd91a111606382b77a917633ed90feaf25e0f76) |
| 0xFCc9Cc1209651Ed8867332d6F664CF82743A2584 | Midas Fasanara Global Open (Base) | [BaseScan](https://basescan.org/token/0xFCc9Cc1209651Ed8867332d6F664CF82743A2584) |

## Top 10 holders

| # | Address | Balance |
|---|---|---|
| 1 | [0x7912eaff92b2f5bc64cdd21c76d79ffc12ea855e](https://etherscan.io/token/0x1dd91a111606382b77a917633ed90feaf25e0f76?a=0x7912eaff92b2f5bc64cdd21c76d79ffc12ea855e) (Ethereum) | 12,043,884.53 |
| 2 | [0xe23f406ba4fed4f1aa6f264081b11eeac90ad80f](https://etherscan.io/token/0x1dd91a111606382b77a917633ed90feaf25e0f76?a=0xe23f406ba4fed4f1aa6f264081b11eeac90ad80f) (Ethereum) | 9,287,566.18 |
| 3 | [0x55f3ab43e49ffb6b1fff5e2b310c21278bdaf0f5](https://etherscan.io/token/0x1dd91a111606382b77a917633ed90feaf25e0f76?a=0x55f3ab43e49ffb6b1fff5e2b310c21278bdaf0f5) (Ethereum) | 7,457,000.29 |
| 4 | [0xab05c0db9d26e96a9dcedcafca23341316f6fe6f](https://etherscan.io/token/0x1dd91a111606382b77a917633ed90feaf25e0f76?a=0xab05c0db9d26e96a9dcedcafca23341316f6fe6f) (Ethereum) | 2,302,935.46 |
| 5 | [0xb8d692e46d624b3c650282ed3011bf6d7b1db5e8](https://etherscan.io/token/0x1dd91a111606382b77a917633ed90feaf25e0f76?a=0xb8d692e46d624b3c650282ed3011bf6d7b1db5e8) (Ethereum) | 163,885.19 |
| 6 | [0x5cc08af93ac0ca2ff11cb8a9bbd008d72b630536](https://etherscan.io/token/0x1dd91a111606382b77a917633ed90feaf25e0f76?a=0x5cc08af93ac0ca2ff11cb8a9bbd008d72b630536) (Ethereum) | 95.20 |
| 7 | [0xb324de4add083b74856082ed2ea0b8b6f3864827](https://etherscan.io/token/0x1dd91a111606382b77a917633ed90feaf25e0f76?a=0xb324de4add083b74856082ed2ea0b8b6f3864827) (Ethereum) | 21.76 |
| 8 | [0x0461bd693cae49be9d030e5c212e080f9c78b846](https://etherscan.io/token/0x1dd91a111606382b77a917633ed90feaf25e0f76?a=0x0461bd693cae49be9d030e5c212e080f9c78b846) (Ethereum) | 1.30 |
| 9 | [0xf651032419e3a19a3f8b1a350427b94356c86bf4](https://etherscan.io/token/0x1dd91a111606382b77a917633ed90feaf25e0f76?a=0xf651032419e3a19a3f8b1a350427b94356c86bf4) (Ethereum) | 0.79 |
| 10 | [0x19c1eb6dd1ed16706a35f36b2cc80ece744a721d](https://etherscan.io/token/0x1dd91a111606382b77a917633ed90feaf25e0f76?a=0x19c1eb6dd1ed16706a35f36b2cc80ece744a721d) (Ethereum) | 0.12 |

## Frequently asked questions

**What is mGLO?**

mGLO is the token for Midas Fasanara Global Open, a tokenized private credit product issued by Midas / Fasanara.

**Who issues mGLO?**

mGLO is issued by Midas / Fasanara.

**How is the mGLO price on this page determined?**

The price shown is read from the Midas mGLO/USD feed.

## Related assets

- [syrupUSDC Private credit · $1.05B](https://galactic.inc/analytics/syrupusdc/)
- [BMN2 Private credit · $925.5M](https://galactic.inc/analytics/bmn2/)
- [JAAA Private credit · $580.7M](https://galactic.inc/analytics/jaaa/)
- [PRIME Private credit · $420.2M](https://galactic.inc/analytics/prime/)