Midas has raised $50 million in a Series A funding round to develop a new liquidity layer for tokenized assets, aiming to enhance onchain investment infrastructure. The funding round was led by RRE and Creandum, with participation from Coinbase Ventures and Franklin Templeton. Midas introduced its core product, Midas Staked Liquidity (MSL), designed to provide instant liquidity for tokenized investment products with an initial capacity of up to $40 million.
The platform has already minted over $1.7 billion in assets through its mTokens and paid out more than $37 million in yield, with over $500 million in total value locked. Midas aims to address liquidity delays and transparency issues in tokenized assets, allowing investors to redeem positions instantly and providing real-time data on reserves and pricing onchain. The company plans to expand into new asset classes and deepen integration with wallets and DeFi platforms to broaden its reach.
Midas Secures $50M to Launch Liquidity Layer for Tokenized Assets
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