New in Ledger Wallet™: Tokenized Investment Strategies with Midas 

Before You Dive In:

• Midas products are now integrated into the Discover section of Ledger Wallet™, offering direct access to a range of tokenized investment strategies.
• This integration gives you access to two strategies: mTBILL (short-term U.S. Treasury Bills, managed by BlackRock) and mHYPER (market neutral stablecoin strategies, managed by Hyperithm)
• All while maintaining total digital ownership.

Ledger continues to expand its ecosystem with the integration of Midas, bringing onchain investment products directly into the secure environment of Ledger Wallet™.

New Yield Strategies via Ledger Wallet^™ with Midas 

Through this integration with Midas, you can access tokenized investment strategies directly within Ledger Wallet. Available on both desktop and mobile, and with support for USDC on Ethereum at launch, this integration empowers users to unlock the full potential of their holdings within a secure, wallet-native experience.

Accessing yield has traditionally forced users to choose between the high technical friction of complex DeFi protocols or the security risk of surrendering assets to third-party custodians. As a result, idle assets often sit unproductive in wallets.

Midas solves this by providing a platform for composable onchain investment products. It enables strategy managers to turn institutional strategies into compliant tokens that offer investors full transparency, instant redemptions, and the ability to use them seamlessly across other DeFi apps.

Now, these strategies are available in Ledger Wallet™, meaning you can put your assets to work through risk-managed DeFi options while your private keys don’t leave the security of your Ledger signer.

What is Midas?

Midas is a platform for composable onchain investment products. It enables strategy managers to turn institutional strategies into compliant tokens (mTokens) that offer investors full transparency, instant redemptions, and native composability across DeFi. To date, Midas has powered over $1.7B in asset issuance and paid out $37M in yield.

This integration features a direct connection to the Midas dApp in Ledger Wallet™ Discover, offering distinctive tokenized investment strategies

• mTBILL: A strategy that is structured to track the performance of short-term U.S. Treasury Bills. The strategy is managed and monitored by BlackRock and SuperState, with ongoing oversight of risk parameters and performance. 
• mHYPER: A strategy structured to track the performance of a set of market-neutral stablecoin strategies deployed across leading on-chain markets and ecosystems. The strategy is managed and monitored by Hyperithm, with ongoing oversight of risk parameters and performance.

Both products operate with full transparency, allowing users to view all underlying data and performance metrics directly on the Midas platform. By integrating both mTBILL and mHYPER, Midas and Ledger provide several key operational advantages:

• Instant Liquidity: Through Midas Open Liquidity Architecture, strategies can be exited via standard or instant redemptions, allowing users immediate access to their funds.
  Security First: Your digital ownership remains intact. Midas products are held on-chain, and you retain control of your assets throughout the entire lifecycle.
• Composability: Turn idle assets into productive ones with native DeFi composability. mTokens can be utilized across lending markets and various other DeFi protocols.

How to Get Started with Midas 

Accessing these new yield opportunities is straightforward and takes only a few steps via Ledger Wallet™:

1. Open Ledger Wallet™ on your desktop or mobile device.
2. Navigate to the Discover section.
3. Search for and select the Midas dApp.
4. Connect your Ledger signer when prompted.
5. Choose your strategy (mTBILL or mHYPER) and follow the on-screen instructions.

Once your action is confirmed, Midas manages the underlying operational lifecycle of your investment:

• You receive mTBILL or mHYPER in your Ledger Wallet. These tokens represent your claim on the underlying assets.
• The redeemable value of your tokens increases over time as yield is generated.
• You can redeem your tokens directly within Ledger Wallet via the Midas dApp.

Indicative APYs are shown with clear disclosures, and all positions are visible under your Ethereum account tab.

Note: Midas products are available to eligible users worldwide, excluding US and UK persons and entities, and those from sanctioned jurisdictions.

Take Control of Your Digital Future

Maximize your potential and seek potential rewards while maintaining price stability. With Midas and Ledger Wallet, you can now access institutional-grade investment strategies backed by the industry-leading security of your Ledger signer.

Visit the Discover section of Ledger Wallet and explore Midas today.

*These tokenized investment strategies are services provided by Midas, a third-party provider. Ledger provides no advice or recommendations on use of these third-party services. Rewards are not guaranteed.