Midas in March 2026 | Recap
The past month has been the most significant in Midas' history. We closed a $50M Series A, launched Midas Staked Liquidity, shipped the Attestation Engine, brought five new onchain investment products to market, and hosted the first edition of The Clearing House in Cannes.
I. Our $50M Series A Raise
Midas raised $50M in Series A funding led by RRE Ventures and Creandum, with participation from Framework Ventures, HV Capital, Ledger Cathay, North Island Ventures, Coinbase Ventures, Franklin Templeton, FJ Labs, Anchorage Digital, GSR, and others.The round brings total funding to $58.75M. It also marks one of the strongest investor signals in tokenised finance to date: traditional asset managers, crypto-native funds, and venture capital backing the same infrastructure.The capital is being deployed to scale the Open Liquidity Architecture, expand our product range, and deepen DeFi integrations.
Full announcement: https://midas.app/blog/midas-raises-50m-series-a-to-launch-instant-liquidity-layer
II. Introducing Midas Staked Liquidity (MSL)
Launched alongside the Series A, MSL is the core layer of our Open Liquidity Architecture. It is a dedicated liquidity facility with an initial capacity of $40M, enabling instant atomic redemptions across all mTokens.No cash drag. No settlement risk. No third-party dependency.MSL allows liquidity providers to compete for execution, structurally driving down the cost of capital. The vision is to make any instrument, from funds and ETFs to stocks, into a tokenised asset with built-in instant liquidity.
Full announcement: https://midas.app/blog/introducing-msl-midas-staked-liquidity
III. Announcing the Midas Attestation Engine
We launched the Midas Attestation Engine, the trust layer powering Midas onchain investment products. It transforms structured financial information into verifiable onchain checkpoints, covering NAV, Proof of Reserves, price updates, and legal disclosures.Built with @LlamaRisk, @chainlink, @vlayer_xyz, and @canary_proto.
It works in three steps: financial data is formalised as claims, bundled into attestations with validation logic, then published onchain and stored permanently on IPFS.Independent verifiers confirm source legitimacy, workflow integrity, and data fidelity. The result is a cryptographic audit trail that any investor or protocol can inspect at any time.
Full announcement: https://midas.app/blog/introducing-the-midas-attestation-engine
IV. Launching a Bug Bounty Programme
We launched a bug bounty programme of up to $500,000 in cooperation with @sherlockdefi and @cantinasecurity to strengthen the security of Midas, inviting security researchers to identify vulnerabilities across our smart contracts and infrastructure.
Full announcement: https://midas.app/blog/midas-bug-bounty-programme-up-to-500-000-with-sherlock-and-cantina
V. Introducing The Clearing House I: Cannes
We launched The Clearing House, Midas' own invite-only event series for the architects of onchain financial markets. The inaugural edition took place on March 30th at Hotel Belle Plage in Cannes, with 100+ guests from across DeFi, asset management, lending, and institutional finance.Highlights included a panel on the state of tokenisation moderated by @DennisMidas , featuring @parkeraedwards (@hiFramework / @obexincubator), @kevinlichan (@grovedotfinance), and James Bradbury (Wellington Management).
VI. Partnerships
- @infiniFi, an onchain banking protocol, committed $25M as an anchor investor in mGLOBAL, deploying depositor capital into short-duration, investment-grade asset-backed credit.
- @Ledger Wallet integrates mTBILL and mHYPER directly into Ledger's Discover section and giving hardware wallet users direct access to institutional-grade onchain investment products. Full announcement: https://midas.app/blog/ledger-officially-integrates-midas-products-mtbill-mhyper-are-now-live-on-ledger-wallet
- mHYPER is now available on @buidlpad, a compliant Web3 investment platform founded by former Binance executives. Buidlpad has integrated mHYPER to give its users direct access to @hyperithm's market-neutral stablecoin strategy.
VII. Five New Product Launches
mROX (with @Rockaway_X ): Market-neutral, USD-denominated strategies across digital assets with a focus on onchain DeFi opportunities. RockawayX is a $2B AUM digital asset firm and one of the largest onchain liquidity providers in DeFi, serving as the dedicated strategy manager.
mGLOBAL (with @FasanaraCapital): Tokenised exposure to Fasanara's Global Diversified Alternative Debt strategy. Short-duration, investment-grade asset-backed credit sourced from SMEs across 60+ countries. $5.5B AUM firm, 10+ year track record, $3B+ in dedicated strategies.
mEVUSD (with @everstake_pool & @ApolloCryptoFM): Market-neutral strategies targeting 7-12% indicative APY through financing and interest rate spreads, generating returns independent of underlying asset price movements. Everstake provides infrastructure, Apollo serves as strategy manager.
mM1-USD (with @M1Capital_): An institutional-grade hedge fund strategy, now fully onchain. Market-neutral strategies including price arbitrage, recursive lending, and basis trading through a single yield-bearing asset. Amsterdam-based, $190M AUM.
mRE (with @members_cap ): Coming soon. Tokenised liquid reinsurance. Exposure to blue-chip reinsurance assets with historically low correlation to equities and rates. Targeting 8-9.5% APY with daily NAV pricing.
VIII. New Look & Brand Refresh
Alongside everything above, we rolled out a full brand refresh. Refined design, updated identity: built to reflect what we've become and where we are heading.
Cleaner navigation, better product discovery, improved transparency reporting and new product pages.
The Standard for Onchain Investment Products is here.
This was the month the infrastructure for onchain investment products came together. Instant liquidity. Radical transparency. Improved security. Real products backed by real capital.
We're just getting started.
About Midas
Midas is a platform for composable onchain investment products. It enables strategy managers to turn institutional strategies into compliant tokens that offer investors full transparency, instant redemptions, and native composability across DeFi protocols such as Morpho and Pendle.
Founded in 2024, Midas is backed by leading investors including RRE, Creandum, Framework Ventures, HV Capital, Ledger Cathay and Coinbase Ventures. The company recently secured $50M in Series A funding, building on a track record that includes over $1.7B in asset issuance and $37M in yield paid out to date.