Tokenization startup Midas has raised $50 million in a Series A funding round to develop what it calls an “instant liquidity layer” for tokenized assets. The round was led by RRE and Creandum, with participation from Framework Ventures, Franklin Templeton and Coinbase Ventures.
The funding reflects growing interest in infrastructure that supports real-world asset (RWA) tokenization, particularly as the market shifts from issuance toward usability and liquidity.
MIDAS TARGETS LIQUIDITY CHALLENGES IN TOKENIZED MARKETS
Midas said the new capital will be used to expand its Open Liquidity Architecture, a system designed to improve how tokenized assets are redeemed. At the core of this system is its Midas Staked Liquidity (MSL) facility,
which aims to enable instant and atomic redemptions without relying on external market makers or facing settlement delays.
The company argues that while tokenized assets are becoming easier to create, exiting those positions at scale remains difficult. This lack of liquidity is seen as one of the main barriers to wider adoption of tokenized financial products.
Midas raises $50 million Series A. Source: Midas
CRYPTO FUNDING SHIFTS TOWARD FEWER, LARGER DEALS
The fundraising comes at a time when crypto venture funding is showing mixed trends. According to data from Messari, total funding in the sector increased nearly 50% year-on-year between March 2025 and March 2026. However, the number of deals declined, suggesting that investors are concentrating capital into fewer, higher-conviction projects.
Within this environment, infrastructure related to tokenized Treasurys and other RWA yield products has become a key focus area. The sector attracted more than $2.5 billion in funding in 2025 alone, highlighting strong demand for blockchain-based financial products tied to real-world assets.
LIQUIDITY REMAINS A KEY BOTTLENECK
Founded in 2024, Midas is positioning itself around the idea that liquidity, rather than asset issuance, is the main limitation in tokenized finance today. By improving redemption processes, the company believes it can help accelerate the movement of traditional capital markets onto blockchain infrastructure.
Industry research supports this view. A report by the International Organization of Securities Commissions found that many tokenized assets still face low liquidity in secondary markets, along with fragmented trading across
different platforms and blockchains.
COMPETITION IN THE RWA SPACE CONTINUES TO GROW
Midas is not alone in targeting this segment. Other platforms such as Ondo Finance and Maple Finance are also building products around tokenized Treasurys and credit markets, often aimed at institutional investors.
These platforms are exploring different ways to address liquidity challenges, including building integrated market structures and offering their own solutions for trading and redemption.
As the RWA sector continues to evolve, competition among infrastructure providers is expected to increase, particularly in areas that improve usability and access to liquidity.