




Ram Dheeraj Srigiri
81 posts

@_ramsrigiri
Ecosystem Growth - @algofoundation | Previously Algorand Ventures































AIDA is Cannes-bound for ETHCC! We’re teaming up with @AlgoFoundation for an exclusive side event during #ETHCC to dive into AI-powered DeFi, token launches, and next-gen on-chain intelligence. Catch our team, demos, and deep tech convos—on the sunny Cote d’Azur. 🎟 June 30 - July 3rd | Cannes, France

🚨 @MidasRWA , a fully regulated German tokenization platform, launches mTBILL token on Algorand, the first non-EVM launch for the token. mTBILL is a tokenized certificate referencing short-term U.S. Treasury ETFs, available to retail investors across Europe. The redemption value is based on the liquidation proceeds of a reference basket composed of ETFs such as @BlackRock’s IB01 and BUIDL. However, unlike the BUIDL fund, which requires a minimum investment of $5M, mTBILL is structured to allow broader access to short-duration U.S. Treasury exposure, with no minimum investment required. With mTBILL, retail investors have the same access to high-quality assets that institutions enjoy. mTBILL investors will benefit from Algorand’s world-class infrastructure. They can trade at negligible cost, with instant finality, 24/7, without counterparty risk. The first atomic swap transaction with mTBILL was executed on May 27th, swapping $2m USDC for mTBILLs at a cost of 0.002 Algo ($0.0004) in 2 seconds, available on-chain below. The swap was conducted via a third-party tool. Midas does not handle execution. mTBILL is a permissionless token that offers full DeFi composability. These assets will make their way to our DeFi ecosystem in the next few weeks, stay tuned. mTBILL currently offers a yield of 4.06%, based on the trailing 7-day yield of the underlying ETFs, net of fees, as of May 29, 2025. Past performance is not indicative of future results.