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Midas Closes $50 Million Series A to Scale Tokenized Yield Products

Tokenized assets platform Midas has completed a $50 million Series A financing round led by RRE and Creandum, CoinDesk reported. Framework Ventures, Franklin Templeton, Coinbase Ventures and other investors also participated. Midas converts institutional-grade yield strategies into onchain tokenized products. Proceeds will be used to expand its Midas Staked Liquidity (MSL) system, a standalone liquidity layer designed to meet withdrawal requests using prefunded reserves. The setup enables instant redemptions without the need to unwind positions gradually when investors exit, aiming to reduce locked capital and lengthy redemption cycles common in traditional vault structures. Co-founder and CEO Dennis Dinkelmeyer said the capital will help build out infrastructure that supports instant redemptions, deeper liquidity and broader access to strategies without sacrificing transparency or yield. Since launching in 2024, Midas has issued $1.7 billion in tokenized assets and paid $37 million in returns to investors.
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