Midas, a platform that turns traditional investment products such as treasuries, funds and bonds into tokenized assets on the blockchain, has raised $50mn in Series A funding and set up a system designed to give those tokenized holdings instant liquidity.
Midas Raises $50mn, Introduces Instant Liquidity for Tokenized Assets
30 March 2026 - 16:09 CEST
By Stu Clelland
Led by Goldman Sachs alumnus Dennis Dinkelmeyer, Midas has already minted more than $1.7bn in tokenized assets and paid out over $37mn in yield to investors. It manages more than $500mn in total value locked with over 20,000 individual holders, according to a statement published on X. The platform is integrated with DeFi protocols including Morpho, Curve and Pendle.
Instant liquidity, composability
At the centre of the announcement is Midas Staked Liquidity (MSL), the core component of the company’s new Open Liquidity Architecture. MSL offers an initial capacity of up to $40mn and settles without counterparty or settlement risk, materially lowering the cost of capital for tokenized assets.
MSL is designed to make any tokenized product fully composable, allowing it to be used as collateral, traded or lent across multiple platforms with instant settlement. In DeFi, 'composability' means different applications and tokens can be combined seamlessly, just like Lego blocks, to create new financial tools automatically.
Proof of Reserve
Midas has also introduced the Midas Attestation Engine, which delivers continuous on-chain Proof of Reserve. This provides real-time verification that the assets backing each tokenized product actually exist and are correctly valued.
The company didn't specify in the statement exactly how the $50mn funding would be deployed.
The round was led by RRE and Creandum, with participation from Framework Ventures, HV Capital, Ledger Cathay, North Island Ventures, Coinbase Ventures, Franklin Templeton, GSR and others.
