Information, not investment advice. Facts are copied from cited issuer and regulator documents with retrieval dates; anything we could not verify is marked unknown. Nothing here is a recommendation, ranking, or eligibility determination about you.

Midas mTBILL (mTBILL)

Last verified 2026-10-25. Published by Bitcoin Family Education.

Tokenized Treasury / money market fund. Issuer: Midas Software GmbH (German SPV). Official page. 15 fields verified, 6 unknown, 1 disputed.

Who can buy Midas mTBILL?

As of 2026-10-25, who can invest for mTBILL: Investors in the public offer under the EU Prospectus Regulation (base prospectus dated 17 July 2025); US persons excluded, per Midas Final Terms (PDF).

• Who can invest: Investors in the public offer under the EU Prospectus Regulation (base prospectus dated 17 July 2025); US persons excluded (US exclusion per Midas eligibility page; KYC required for primary mint and redeem). Source: Midas Final Terms (PDF), retrieved 2026-10-25.
• Open to US persons (per issuer): No. Source: Midas, retrieved 2026-10-25.
• KYC required: Yes (KYC for primary mint/redeem; token itself transferable). Source: Midas Final Terms (PDF), retrieved 2026-10-25.

What is the minimum investment for mTBILL?

As of 2026-10-25, minimum initial investment for mTBILL: USD 1, per Midas Final Terms (PDF).

• Minimum initial investment: USD 1 (USD 1.00 minimum investment amount). Source: Midas Final Terms (PDF), retrieved 2026-10-25.

How do redemptions work for mTBILL?

As of 2026-10-25, redemption timing for mTBILL: At any time, per Midas Final Terms (PDF).

• Redemption timing: At any time. Source: Midas Final Terms (PDF), retrieved 2026-10-25.
• Redemption settlement: unknown. Not found in public issuer documents reviewed.
• Redemption fee: unknown. Not found in public issuer documents reviewed.
• Redemption limits or gates: unknown. Not found in public issuer documents reviewed.

What does mTBILL charge?

As of 2026-10-25, management fee / expense ratio for mTBILL: Final Terms: annual fee 10% of annual interest earnings (waived until December 2024) (sources disagree), per Midas.

• Management fee / expense ratio: Sources disagree. Final Terms: annual fee 10% of annual interest earnings (waived until December 2024) (Disputed. Midas product page shows 0% management fee and 5% performance fee; the Final Terms (prospectus document) state an annual fee of 10% of annual interest earnings. We show both.). Source: Midas, retrieved 2026-10-25; also Midas Final Terms (PDF).
• Subscription / mint fee: unknown. Not found in public issuer documents reviewed.

Where is the latest reserve or holdings report for mTBILL?

As of 2026-10-25, latest reserve / holdings report for mTBILL: https://midas.app/mtbill, per Midas.

• Latest reserve / holdings report: https://midas.app/mtbill (Attestation widget did not load at retrieval). Source: Midas, retrieved 2026-10-25.
• Report as-of date: Exposure updated 2026-10-22. Source: Midas, retrieved 2026-10-25.
• Reserve / holdings report type: Midas Attestation Engine (on-chain checkpoints) on the product page (Ankura Trust Company is the Security Agent holding the collateral pledge, per the Final Terms). Source: Midas, retrieved 2026-10-25.

What we checked

15 of 22 fields on this page are confirmed in an issuer or regulator document. Unknown fields were not stated in the documents below (checked 2026-10-25). We do not fill gaps from aggregators.

• Midas Final Terms (PDF)
• Midas
• Midas

All fields