Midas completes $50 million Series A funding round, led by RRE Ventures and Creandum

BlockBeatNews
RWA1,95%

BlockBeats message, March 30, according to official information, Midas announced that it has completed a $50 million Series A round of financing. This round was led by RRE Ventures and Creandum, with participation from Framework Ventures, HV Capital, Ledger Cathay, Coinbase Ventures, Franklin Templeton, GSR, and several other institutions. At the same time, Midas announced the launch of its core product for the “open liquidity architecture,” Midas Staked Liquidity (MSL). The initial capacity is as high as $40 million, aiming to solve the liquidity issues of tokenized real-world assets (RWA) and to enable instant liquidity + instant redemption.

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