1 hour ago
The backing volition enactment the instauration of an instant redemption strategy for onchain funds, a cardinal hurdle for broader organization adoption.
Mar 30, 2026, 11:00 a.m.
Dennis Dinkelmeyer, CEO and co-founder of Midas (Midas)What to know:
- Midas raised $50 cardinal successful a Series A circular led by RRE and Creandum with backing from Framework Ventures, Franklin Templeton and Coinbase Ventures.
- The institution aims to assistance investors exit tokenized output products faster, overcoming the hold for redemptions imposed by vault-like structures that fastener up capital.
- Midas volition usage the backing to standard its Midas Staked Liquidity system, a abstracted liquidity furniture that enables instant redemptions by utilizing pre-allocated superior alternatively than unwinding positions connected exit.
Midas said it raised $50 cardinal to lick a persistent symptom constituent for onchain output investors: liquidity.
The firm, which turns organization output strategies into blockchain-based tokens, closed a Series A backing circular led by RRE and Creandum with backing from firms including Framework Ventures, Franklin Templeton and Coinbase Ventures.
The rise comes arsenic institutions research tokenized portfolios, with liquidity and colony velocity inactive limiting broader adoption. Many tokenized concern products run done vault-like structures, deploying idiosyncratic funds into strategies specified arsenic lending oregon output farming crossed DeFi protocols. While they tin make dependable returns, they often fastener up capital, forcing investors to hold for redemptions.
Midas volition usage the caller backing to physique and rotation retired a strategy that allows users to exit positions instantly, alternatively of waiting for days.
Dubbed Midas Staked Liquidity (MSL), the diagnostic aims to extremity withdrawal delays with a abstracted liquidity furniture that sits alongside its products. Instead of unwinding positions each clip an capitalist exits, the strategy uses pre-allocated superior to fulfill withdrawals connected demand.
"This rise gives america the superior to standard the infrastructure down it, enabling instant redemptions, deeper liquidity, and broader strategy entree without sacrificing transparency oregon yield," said co-founder and CEO Dennis Dinkelmeyer.
Since starting its 2024, Midas said it issued $1.7 cardinal successful tokenized assets, distributing $37 cardinal successful output to investors.
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