Midas raises $50 million to tackle pain point for tokenized asset investors
The funding will support the introduction of an instant redemption system for onchain funds, a key hurdle for broader institutional adoption.
What to know:
— Midas raised $50 million in a Series A round led by RRE and Creandum with backing from Framework Ventures, Franklin Templeton and Coinbase Ventures.
— The company aims to help investors exit tokenized yield products faster, overcoming the wait for redemptions imposed by vault-like structures that lock up capital.
— Midas will use the funding to scale its Midas Staked Liquidity system, a separate liquidity layer that enables instant redemptions by using pre-allocated capital rather than unwinding positions on exit.
Midas said it raised $50 million to solve a persistent pain point for onchain yield investors: liquidity.
The firm, which turns institutional yield strategies into blockchain-based tokens, closed a Series A funding round led by RRE and Creandum with backing from firms including Framework Ventures, Franklin Templeton and Coinbase Ventures.
The raise comes as institutions explore tokenized portfolios, with liquidity and settlement speed still limiting broader adoption. Many tokenized investment products operate through vault-like structures, deploying user funds into strategies such as lending or yield farming across DeFi protocols. While they can generate steady returns, they often lock up capital, forcing investors to wait for redemptions.
Midas will use the new funding to build and roll out a system that allows users to exit positions instantly, instead of waiting for days.
Dubbed Midas Staked Liquidity (MSL), the feature aims to end withdrawal delays with a separate liquidity layer that sits alongside its products. Instead of unwinding positions each time an investor exits, the system uses pre-allocated capital to fulfill withdrawals on demand.
«This raise gives us the capital to scale the infrastructure behind it, enabling instant redemptions, deeper liquidity, and broader strategy access without sacrificing transparency or yield,» said co-founder and CEO Dennis Dinkelmeyer.
Since starting its 2024, Midas said it issued $1.7 billion in tokenized assets, distributing $37 million in yield to investors.