Midas Raises $50M to Bring Instant Redemptions to Tokenized Assets
Midas, a platform that packages institutional yield strategies into blockchain tokens, has raised $50 million in a Series A round to solve one of the biggest friction points blocking institutional adoption of tokenized assets: slow withdrawals.
The round was led by RRE and Creandum, with participation from Framework Ventures, Franklin Templeton, and Coinbase Ventures.
The Problem: Capital Gets Stuck
Most tokenized investment products work like vaults — funds flow in, get deployed across DeFi or lending protocols, and generate yield. The catch is that exiting often means waiting days while the protocol unwinds positions. For institutional investors used to T+1 settlement, that's a dealbreaker.
The Fix: Midas Staked Liquidity
Midas is using the new funding to roll out Midas Staked Liquidity (MSL), a separate liquidity layer that sits alongside its products. Instead of forcing the protocol to liquidate positions on exit, MSL uses pre-allocated capital to fulfill withdrawal requests on demand — making redemptions effectively instant.
"This raise gives us the capital to scale the infrastructure behind it, enabling instant redemptions, deeper liquidity, and broader strategy access without sacrificing transparency or yield," said CEO Dennis Dinkelmeyer.
Traction
Since launching in 2024, Midas has issued $1.7 billion in tokenized assets and distributed $37 million in yield to investors. The raise arrives as the tokenized real-world asset (RWA) market continues to expand, with institutions increasingly exploring on-chain yield products but remaining cautious about liquidity constraints.
Franklin Templeton's participation is notable — the asset manager has been one of the more active traditional finance players in the tokenized asset space.