Midas Raises $50M Series A Led by RRE and Creandum
March 31, 2026
Europe
Led by RRE and Creandum with backing from Framework Ventures, HV Capital, Ledger Cathay, Franklin Templeton and others, Midas will use the funding to launch MSL (Midas Staked Liquidity) — enabling instant liquidity for Midas’ investment products.
LONDON, 30 March 2026 — Midas, a platform for composable onchain investment products, has raised $50 million in Series A funding led by RRE and Creandum, with participation from Framework Ventures, HV Capital, Ledger Cathay, Franklin Templeton, Coinbase Ventures, M1 Capital, Anchorage Digital, FJ Labs, North Island Ventures, No Limit Holdings and GSR.
The Series A brings Midas’s total funding to $58.75M, following an $8.75M seed round in 2024. Midas allows strategy managers to turn institutional-grade strategies into regulatory-compliant tokens that offer investors full transparency, instant liquidity, and native composability across DeFi protocols such as Morpho and Pendle.
The capital will fund the development and launch of MSL (Midas Staked Liquidity) as part of an Open liquidity Architecture that powers instant redemptions across all onchain investment products.
Institutional adoption of tokenised assets is accelerating, yet most products still rely on slow settlement for redemptions, creating a liquidity mismatch that discourages treasury and portfolio integration. MSL addresses this by deploying dedicated staked liquidity that every mToken can be redeemed for — eliminating the redemption lag entirely and giving investors the ability to exit any Midas position instantly, without sacrificing the underlying yield or composability they came for.
Since 2024, Midas has grown to over $1.7B in tokenised assets issued across more than 15 investment products, distributing more than $37M in yield to users, with over 20,000 individual mToken holders. The company generates revenue through fees on the yield produced.
“At Midas, we’ve always believed that institutional-grade investing and DeFi composability belong together. With $1.7B in issuance, we’ve demonstrated clear demand for that model. This raise gives us the capital to scale the infrastructure behind it, enabling instant redemptions, deeper liquidity, and broader strategy access without sacrificing transparency or yield. We’re building toward a future where investing works like the internet: open, transparent, composable, and accessible by default,” said Dennis Dinkelmeyer, CEO and Co-Founder of Midas.
“At Cathay Innovation, we are deeply committed to investing in the digitization of finance and its associated opportunities. Combining institutional-grade safety with real on-chain usability, Midas stands out as the best-in-class platform driving this shift for on-chain asset management. Our Cathay-Ledger Fund renewed its financial support to Dennis and his team as they build the next generation of financial rails” stated Marguerite de Tavernost, Investment Director at Cathay Innovation
“At RRE, our long journey in crypto led us to a broader thesis: tokenisation will fundamentally reshape global capital markets as TradFi moves on-chain. When we met Dennis and Fabrice, we immediately knew they embodied that thesis — the platform they forged in the depths of the crypto bear market has emerged with strong product-market fit. Midas is building the infrastructure for tokenised capital markets and we are proud to be on this ride with them,” said Vic Singh, General Partner, RRE Ventures.
“The opportunity to bring institutional-grade investment products onchain is massive, and Midas has the regulatory set-up, the technical architecture, and the distribution network required to do it best. It’s a privilege to work with a team tackling such a transformational opportunity who also brings such a high level of pedigree — deep subject matter expertise on both the product and commercial sides, and a demonstrated track record of building from zero to one.” explained Simon Schmincke, Partner at Creandum.
Beyond MSL, Midas plans to expand its product range into a broader set of institutional asset classes, deepen integrations across DeFi protocols, and build on existing partnerships.
Developers, investors and strategy managers can learn more about MSL, explore live products, and access technical documentation by visiting the Midas website.
About Midas
Midas is a platform for composable onchain investment products. It allows strategy managers to turn institutional strategies into regulatory-compliant tokens that offer full transparency, instant liquidity, and native composability across DeFi protocols like Morpho and Pendle. Founded by Dennis Dinkelmeyer (Goldman Sachs), Fabrice Grinda (FJ Labs), and Romain Bourgois (Ondo Finance), Midas is backed by leading investors including Framework Ventures, BlockTower Capital and Coinbase Ventures. To date, Midas has powered over $1.7B in asset issuance and paid out $37M in yield.
About Cathay Innovation
Cathay Innovation is a multistage venture capital firm, affiliated to Cathay Capital, investing in founders building transformative businesses across five continents. Its platform connects founders with investors and its ecosystem of leading Fortune 500 corporations to help startups scale and transform industries with AI solutions in commerce, fintech, digital health and mobility / energy. Founded in Paris in 2015, Cathay Innovation now manages over €2.5bn AUM and has invested in over 120 startups.
To learn more, visit us at www.cathayinnovation.com or follow us on Twitter @cathayinnov.