Midas raises $50M backed by Coinbase, Framework, and Franklin Templeton
Midas raises $50M backed by Coinbase, Framework, and Franklin Templeton Midas closed $50M Series A round led by RRE and Creandum with backing from firms including Framework Ventures, Franklin Templeton and Coinbase Ventures. 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. ❗️ Midas is a platform for composable onchain investment products. It enables strategy managers to turn institutional strategies into compliant tokens that offer invest…
The excerpt is quoted from a public Telegram channel, which owns its text.