Midas said it raised $50 million to solve a persistent problem for on-chain yield investors: liquidity.
The company, which transforms institutional yield strategies into blockchain-based tokens, has closed a Series A funding round led by RRE and Creandum with support from companies including Framework Ventures, Franklin Templeton and Coinbase Ventures.
This increase comes as institutions explore tokenized wallets, with liquidity and settlement speed still close to wider adoption. Many tokenized investment products operate through vault-style structures, deploying user funds into strategies such as lending or yield farming via DeFi protocols. Although they can generate stable returns, they often lock up capital, forcing investors to wait for redemptions.
Midas will use the new funding to build and deploy a system that allows users to exit their 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 accompanies its products. Instead of unwinding positions each time an investor exits, the system uses pre-allocated capital to make withdrawals on demand.
“This raise gives us the capital needed to scale the infrastructure behind it, enabling instant redemptions, greater liquidity and broader access to the strategy without sacrificing return transparency,” said co-founder and CEO Dennis Dinkelmeyer.
Since the start of 2024, Midas said it has issued $1.7 billion in tokenized assets, distributing $37 million in yield to investors.