Midas Completes $50 Million Series A Financing, Led by RRE Ventures and Creandum

BlockBeats News, March 30th. According to official sources, Midas announced the completion of a $50 million Series A funding round. The round was led by RRE Ventures and Creandum, with participation from Framework Ventures, HV Capital, Ledger Cathay, North Island Ventures, FJ Labs, No Limit Holdings, Coinbase Ventures, Franklin Templeton, GSR Ventures, Sigil Capital, Theia Blockchain, Hyperithm, Legends Group, Peer VC, Aether VC, Sumcap, Myelin VC, Stake Capital, Oasis Foundation, Anchorage Digital, M1 Capital, and Bufficorn Ventures.

At the same time, Midas announced the launch of its core product "Midas Staked Liquidity (MSL)" as part of the "Open Liquidity Framework." With an initial capacity of up to $40 million, MSL aims to address liquidity issues related to tokenized real-world assets (RWA) and achieve instant liquidity + instant redemption.