Midas Closes $50M Round to Bridge TradFi and DeFi
Midas launches its Open Liquidity Architecture where liquidity providers actively compete for execution, driving down the cost.
Berlin-based fintech Midas has closed a $50 million Series A funding round to solve one of the biggest friction points in tokenized finance: the wait time when investors want their money back. According to the company's press release, the round was led by RRE Ventures and Creandum, with heavyweight backers including Coinbase Ventures, Franklin Templeton, and Framework Ventures joining in.
Founded in 2024 by Dennis Dinkelmeyer (formerly Goldman Sachs), Fabrice Grinda (FJ Labs), and Romain Bourgois (formerly Ondo Finance), Midas builds infrastructure for composable onchain investment products. The core idea: take institutional strategies like treasury bills or basis trades, tokenize them, and make them instantly redeemable, no waiting for traditional settlement cycles.
The fresh capital will flow primarily into Midas Staked Liquidity (MSL), a dedicated liquidity facility that allows investors to redeem their mTokens at any time without delays. For institutional players managing portfolios on-chain, that kind of instant liquidity is a dealbreaker feature.
The traction numbers are hard to ignore. Midas reports over $1.7 billion in total assets minted, $37 million in yield paid out, and more than 20,000 individual token holders, with live integrations across DeFi protocols like Morpho, Curve, and Pendle.
"Our vision is to make investing work like the internet: open, transparent, composable, and for everyone," said CEO Dennis Dinkelmeyer.
With this round, Midas is cementing its position as a key infrastructure player bridging traditional finance and the crypto economy, right from Berlin.
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