Midas has raised $50 million and unveiled a new on-chain liquidity layer to spur growth in real-world asset (RWA) tokenization. The move comes as on-chain investment environments face liquidity shortages and settlement delays, signaling faster expansion of tokenized assets. The funding round was led by RRE and Creandum, with Coinbase Ventures and Franklin Templeton among participants. Alongside the funding, Midas introduced the Midas Staked Liquidity (MSL) service, which will provide up to $40 million in initial liquidity and support instantaneous trading and redemption of tokenized assets.
The project aims to make tokenized assets a core component of DeFi, enabling users to move, trade and redeem assets without delay. To address usability issues, the company deployed an on-chain attestation system that publishes real-time reserves and prices to boost investor confidence and lower risk. Additionally, by fostering a competitive liquidity-provider environment, the project seeks to reduce costs and create a more efficient investment landscape than traditional finance. Midas has already demonstrated early traction, with platform tokens (mTokens) issuing over $1.7 billion in assets and generating more than $37 million in revenue.
Total value locked surpassed $500 million and user numbers exceed 20,000. Midas’ assets are integrated with leading DeFi protocols such as Morpho, Curve, and Pendle, and the CEO stated a commitment to openness and transparency of investment. Investors from RRE Ventures and other partners commented that tokenization will fundamentally reshape global capital markets. Looking ahead, the company plans to expand tokenized asset classes to include tokenized stocks, receivables, and reinsurance, and to deepen wallet and DeFi platform integrations to broaden distribution.
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