Midas raises $50 million to tackle pain point for tokenized asset investors

The funding will support the introduction of an instant redemption system for onchain funds, a key hurdle for broader institutional adoption. What to know : Midas raised $50 million in a Series A round led by RRE and Creandum with backing from Framework Ventures, Franklin Templeton and Coinbase Ventures. The company aims to help investors exit tokenized yield products faster, overcoming the wait for redemptions imposed by vault-like structures that lock up capital. Midas will use the funding to scale its Midas Staked Liquidity system, a separate liquidity layer that enables instant redemptions by using pre-allocated capital rather than unwinding positions on exit.