RWA news: Midas raises $50 million to tackle pain point for tokenized asset investors
Midas secured $50 million in Series A funding to launch a system for instant redemptions of tokenized assets, addressing a key liquidity challenge.Summary
Midas, a firm that tokenizes institutional yield strategies, has raised $50 million in a Series A funding round led by RRE and Creandum, with participation from Framework Ventures, Franklin Templeton, and Coinbase Ventures. The funding will be used to scale Midas Staked Liquidity (MSL), a system designed to enable instant redemptions for investors in onchain yield products. Currently, many tokenized investment products lock up capital, requiring investors to wait for redemptions. MSL utilizes pre-allocated capital to fulfill withdrawals on demand, eliminating these delays. According to Midas, the company has already issued $1.7 billion in tokenized assets and distributed $37 million in yield since its launch in 2024. CEO Dennis Dinkelmeyer stated that the funding will allow them to scale the infrastructure for instant redemptions, deeper liquidity, and broader strategy access.
(Source：CoinDesk)