Midas Secures $50M Series A Funding as mTokens Thrive
- Midas closed a $50 million Series A round led by RRE Ventures and Creandum.
- Additional investors include Framework Ventures, HV Capital, Ledger Cathay, North Island Ventures, Coinbase Ventures, and FJ Labs.
- MTokens have minted over $1.7 billion in assets and distributed more than $37 million in yields.
- Total value locked in Midas products exceeds $500 million with integration into major DeFi protocols.
- Midas launches Midas Staked Liquidity (MSL) with an initial capacity of $40 million to enhance liquidity across tokenized products.
Midas has successfully raised $50 million in a Series A funding round to further its onchain investment strategies, as mTokens continue to grow with over $1.7 billion in assets minted and significant integration within the DeFi space.
Source (3.2)https://cryptobriefing.com/midas-secures-50-million-series-a-enhances-liquidity-tokenized-assets/?rand=59535
