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Midas Raises $50.0M Series A

Recently funded · $50.0M Series aFinancial ServicesDEView source

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The push to bring traditional finance assets onto the blockchain just got a significant boost, as Midas announced it has raised $50.0M in Series A funding. The company is building institutional-grade assets for the Open Web, aiming to bridge the gap between conventional investment securities and the decentralized finance ecosystem.

Midas offers investors on-chain exposure to investment-grade securities, all accessible via a permissionless ERC-20 token that integrates with the full suite of DeFi applications.

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