Tokenisation startup Midas raises $50 million in early-stage funding round
Midas, a tokenisation startup, has raised $50 million in a Series A funding round to tackle liquidity issues for tokenized asset investors. The funding will support the introduction of an instant redemption system, enabling investors to exit tokenized yield products faster.
Midas, a tokenisation startup, has raised $50 million in funding. The company aims to help investors exit tokenized yield products faster. Midas will use the funding to scale its Midas Staked Liquidity system, enabling instant redemptions. The system uses pre-allocated capital to fulfill withdrawals on demand. Midas has issued $1.7 billion in tokenized assets and distributed $37 million in yield to investors since starting in 2024.
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