Midas Raises $50M in Series A Funding

German startup Midas, a platform specializing in tokenizing institutional investment products on blockchain networks, announced on March 30, 2026, that it had raised $50 million in a Series A funding round. The investment, led by venture capital firms RRE Ventures and Creandum, drew participation from a mix of traditional finance and cryptocurrency investors, including Franklin Templeton, Coinbase Ventures, Framework Ventures, HV Capital, Ledger Cathay, North Island Ventures, Anchorage Digital, FJ Labs, M1 Capital, and GSR.

Founded in 2024, Midas enables asset managers to convert strategies such as yield-generating portfolios into digital tokens known as mTokens. These tokens represent ownership in underlying assets like real estate, bonds, commodities, or reinsurance, allowing for fractional ownership, on-chain transparency, and integration with decentralized finance protocols including Morpho, Curve, and Pendle. The platform has already minted over $1.7 billion in assets, distributed more than $37 million in yields to investors, and achieved a total value locked exceeding $500 million, with over 20,000 holders worldwide.

A key focus of the funding is addressing liquidity...