Midas secures $50M Series A as mTokens surpass $1.7B in assets minted

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Midas, which empowers asset managers to bring institutional-grade strategies onchain, has closed a $50 million Series A led by RRE Ventures and Creandum, with additional backing from Framework Ventures, HV Capital, Ledger Cathay, North Island Ventures, Coinbase Ventures, FJ Labs, and others.

The funding comes amid strong growth for mTokens, which have minted over $1.7 billion in assets and distributed more than $37 million in yields.

MTokens are Midas’ digital investment instruments that represent professionally managed portfolios. Unlike stablecoins or DeFi vaults, their value rises and falls with the performance of their underlying assets.

Investors benefit from instant liquidity, continuous on-chain transparency, and the ability to use mTokens across DeFi platforms, making them flexible, modern alternatives to traditional funds while retaining real-world financial rigor.

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With the total value locked exceeding $500 million and integration into major DeFi protocols, Midas is demonstrating real-world adoption of its onchain investment products.

“At Midas, our vision is to make investing work like the internet: open, transparent, composable – and for everyone,” Midas CEO Dennis Dinkelmeyer stated. “With the closing of our Series A, we are thrilled to advance these efforts and build the future for onchain investing.”

Alongside Series A, Midas is launching Midas Staked Liquidity (MSL), the central component of its Open Liquidity Architecture.

MSL allows instant liquidity across all tokenized investment products, eliminating counterparty and settlement risk, and initially deploys $40 million in capacity, the team stated.

The platform also provides full transparency through the Midas Attestation Engine, which delivers continuous on-chain Proof of Reserve, NAV, and price updates for every mToken. This aims to ensure that investors and protocols can independently verify the state of the underlying allocations.

Midas plans to expand its range of tokenised strategies, including stocks, reinsurance, and asset receivables, while deepening partnerships with Ledger Wallet, DeFi protocols, and institutional investors.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.





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