The convergence of traditional finance and decentralised infrastructure continues to accelerate, with Berlin-based tokenisation platform Midas securing $50 million in Series A funding. The round, led by RRE Ventures and Creandum, signals growing institutional conviction that tokenised real-world assets represent a structural shift in how capital markets will operate — not merely a crypto-native experiment.
TradFi meets DeFi in landmark round
The Series A was led by RRE Ventures and Creandum, with an unusually diverse consortium of co-investors spanning both traditional finance and crypto-native capital. Franklin Templeton, the $1.5 trillion asset management giant, participated alongside Coinbase Ventures, Anchorage Digital, Framework Ventures, HV Capital, Ledger Cathay, North Island Ventures, M1 Capital, FJ Labs, and GSR. The round brings Midas’s total funding to $58.75 million, following an $8.75 million seed round in March 2024.
Vic Singh, General Partner at RRE Ventures, articulated the investment thesis clearly. “Tokenisation will fundamentally reshape global capital markets as TradFi moves on-chain. Midas is building the infrastructure for tokenised capital markets, and we are proud to be on this ride with them,” he stated.
Dennis Dinkelmeyer, CEO and co-founder of Midas, framed the company’s ambition in broader terms. “We’re building toward a future where investing works like the internet: open, transparent, composable, and accessible by default,” he said.
Solving the liquidity problem
Midas occupies a specific niche within the rapidly expanding real-world asset (RWA) tokenisation market. The company’s platform enables asset managers and institutional investors to package investment strategies — including US Treasury exposure, basis trading, and stablecoin yield strategies — into regulatory-compliant, liquid ERC-20 tokens that can be deployed across decentralised finance protocols.
Since launching in 2024, Midas has issued $1.7 billion in tokenised assets and distributed $37 million in yield to more than 20,000 token holders. Its flagship product, mTBILL, tracks short-dated US Treasury Bills through a BlackRock-managed fund, whilst mBASIS offers a market-neutral crypto basis trading strategy designed to perform in both bull and bear market conditions.
The central innovation accompanying the Series A is Midas Staked Liquidity (MSL), a $40 million liquidity facility that enables instant, atomic redemptions without settlement delays or counterparty risk. This addresses what many institutional investors have identified as the primary friction point in tokenised assets: the inability to exit positions quickly. Rather than unwinding underlying positions on each redemption, MSL uses pre-allocated capital to provide immediate liquidity — a mechanism the company describes as the “missing piece” for institutional adoption.
Europe’s regulatory advantage in tokenised finance
Midas holds regulatory approval in Liechtenstein under the principality’s progressive DLT framework, which enables EU-wide passporting of its products. Notably, the company’s tokenised funds are among the first in Europe to be accessible to non-accredited retail investors — a distinction that could prove commercially significant as the EU’s Markets in Crypto-Assets (MiCA) regulation continues to reshape the regulatory landscape for digital assets.
The broader context is compelling. Global tokenised RWA assets surpassed $12 billion by March 2026, more than doubling from $5 billion at the start of 2025. Venture capital deployment into crypto and blockchain projects reached $3.1 billion in March 2026 alone, with the majority concentrated in infrastructure and RWA tokenisation. The European market is emerging as a particularly fertile ground, with Binance launching a $500 million RWA tokenisation pilot with European banks and a $1.2 billion fund tokenising European commercial real estate during 2026.
The Series A proceeds will fund the expansion of the MSL facility, development of new institutional asset classes including reinsurance-linked securities and asset-receivables strategies, deeper integrations with major DeFi protocols such as Morpho and Pendle, and continued European expansion leveraging the company’s regulatory approvals.
Founded in 2023 by Dinkelmeyer, serial entrepreneur Fabrice Grinda (co-founder of OLX and founding partner of FJ Labs), and Romain Bourgois (formerly of Ondo Finance and Criteo), Midas brings together institutional finance expertise and deep DeFi product knowledge. With traditional asset managers now actively moving on-chain, the company’s positioning at the intersection of regulatory compliance and DeFi composability could prove to be precisely where the market is heading.
Company: Midas
HQ: Berlin, Germany
Founded: 2023
Round: Series A
Amount: $50 million (€43M)
Lead Investors: RRE Ventures, Creandum
Total Funding: $58.75 million
Use of Funds: Scale MSL liquidity facility, new asset classes, DeFi integrations, European expansion