Midas, a German startup specializing in tokenized real-world assets (RWA) and on-chain investment products, has raised $50 million in a Series A funding round.
The round was led by RRE Ventures and Creandum, with participation from a strong mix of crypto-native and traditional finance investors, including: Framework Ventures, HV Capital, Ledger Cathay, Franklin Templeton, Coinbase Ventures, M1 Capital, Anchorage Digital, FJ Labs, North Island Ventures and GSR.
This brings Midas’ total funding to about $58.75 million, following an $8.75 million seed round in 2024. Midas turns institutional-grade yield strategies such as those involving treasuries or other assets into blockchain-based tokens often called mTokens. This provides on-chain transparency, composability, and yield while bridging traditional finance with decentralized infrastructure.
Register for Tekedia Mini-MBA edition 20 (June 8 – Sept 5, 2026).
Register for Tekedia AI in Business Masterclass.
Join Tekedia Capital Syndicate and co-invest in great global startups.
Register for Tekedia AI Lab.
The company has already issued over $1.7 billion in assets, with more than $500 million in TVL and $37 million in yield paid out to 20,000+ holders. A major pain point in tokenized RWAs has been liquidity and redemption delays—many vault-style structures lock up capital, forcing slow liquidations or long wait times when investors want to exit.
To address this, Midas is launching the Midas Staked Liquidity (MSL) system—a standalone liquidity layer that enables instant redemptions by using pre-allocated funds, without needing to unwind underlying positions gradually. The initial capacity for MSL is up to $40 million, and the new capital will help scale this infrastructure.
This positions Midas to support broader institutional adoption of on-chain products by offering faster exits while maintaining transparency and yield. The involvement of Coinbase Ventures (crypto infrastructure) and Franklin Templeton (a major traditional asset manager active in digital assets and tokenization) highlights growing convergence between TradFi and crypto in the RWA/tokenization space.
It’s a notable raise for a relatively young European company in a market that’s still maturing. Midas’ CEO and co-founder, Dennis Dinkelmeyer, emphasized advancing on-chain investing with full transparency, instant redemptions, and native composability.
This announcement comes amid broader interest in tokenized assets, where liquidity remains a key bottleneck for scaling beyond early adopters. Midas Staked Liquidity (MSL) is a dedicated, standalone liquidity layer designed to solve one of the biggest pain points in tokenized real-world assets (RWAs) and on-chain yield products: slow or illiquid redemptions.
Traditional vault-style tokenized strategies often require unwinding underlying positions when investors want to exit, which can take days/weeks, introduce slippage, or force queues. MSL decouples liquidity provision from the core investment strategy, enabling instant, atomic redemptions while keeping the strategy capital fully deployed and yield-generating.
MSL acts as a centralized but on-chain and transparent liquidity facility shared across all Midas mTokens. Capital providers (LPs) deposit into MSL. This capital is not idle cash — it is actively allocated to low-risk, investment-grade strategies, primarily U.S. Treasury bills and prime lending markets. This generates a base yield for MSL participants.
Instant (Atomic) Redemptions: When a user chooses instant redemption for an mToken: The smart contract checks the current Net Asset Value (NAV). It burns the user’s mTokens. It immediately transfers stablecoins from the MSL pool to the user’s wallet — all in a single on-chain transaction. This happens at par (NAV), net of a fixed instant redemption fee.
No need to wait for underlying asset settlement or gradual liquidation. It’s atomic: settlement occurs instantly without counterparty or settlement risk. Liquidity comes from the external and shared MSL pool, not by holding unproductive cash inside each product. Higher net yields for token holders and better capital efficiency.
This layered approach prevents over-reliance on any single source and maintains robustness. Instant liquidity for investors without compromising yields. No settlement risk — fully on-chain, no third-party dependency for the instant leg. mTokens become better collateral in DeFi because of reliable redemption.
Shared pool avoids fragmenting liquidity across every product. As of recent data, MSL has around $12.89M in instant liquidity available, with per-token capacities. Initial targeted capacity mentioned in announcements was up to $40M, which the Series A funding helps expand.
Instant redemption: Immediate, subject to available MSL capacity, with a fixed fee. Toggleable in the interface; smart contract enforces capacity limits and compliance checks. Background verifications run continuously and can cause transactions to fail if conditions aren’t met.
MSL itself assumes no underlying investment risk from the mToken portfolios — it functions purely as a liquidity provider. Allocations stay in high-quality, liquid assets. Capacity limits, fees, and layered backstops manage drawdown risk. Full on-chain transparency and audited smart contracts.
This setup positions Midas products as more liquid yield tokens— combining real yield strategies with DeFi-like immediacy and composability, which is attractive for both retail and institutional users.