Midas, a platform for composable on-chain investment
products, has raised $50 million in Series A funding. The round was led by RRE Ventures and Creandum, with participation from Framework Ventures, HV Capital,
Ledger Cathay, Franklin Templeton, Coinbase Ventures, M1 Capital, Anchorage
Digital, FJ Labs, North Island Ventures and GSR.
The round brings total funding
to $58.75 million, following an $8.75 million seed round in 2024.
Midas enables asset managers to convert institutional-grade
investment strategies into regulatory-compliant tokens, providing investors
with transparency, liquidity, and composability across decentralised finance
protocols such as Morpho and Pendle.
As institutional adoption of tokenised assets continues to
grow, many existing products still rely on delayed settlement processes,
creating liquidity constraints for investors. To address this, Midas has
introduced Midas Staked Liquidity (MSL), which deploys dedicated staked
liquidity to enable instant redemptions without affecting underlying yield or
composability.
We’re building toward a future where investing works like
the internet: open, transparent, composable, and accessible by default,
said
Dennis Dinkelmeyer, CEO and co-founder of Midas.
In addition to MSL, the company plans to expand its product
offering into a broader range of institutional asset classes, deepen
integrations across decentralised finance ecosystems, and further develop
existing partnerships.
Developers, investors, and asset managers can access
further information, including technical documentation and live products, via
the Midas platform.
The newly raised capital will support the continued
development of MSL as part of an open liquidity architecture designed to enable
instant redemptions across on-chain investment products.