Tokenization protocol Midas announced a $50 million Series A round alongside the launch of Midas Staked Liquidity (MSL), a facility it said is designed to provide instant redemptions for tokenized assets across decentralized and centralized finance platforms.

The round was led by RRE and Creandum, with participation from Framework Ventures, HV Capital, Ledger Cathay, North Island Ventures, Coinbase Ventures, Franklin Templeton, GSR, Anchorage Digital, and more than a dozen other investors, according to the company’s statement on Monday. 

Midas did not specify how the Series A proceeds will be allocated, nor did it disclose a valuation.

According to the statement, Midas Staked Liquidity is a facility with up to $40 million in initial capacity that settles redemptions without counterparty or settlement risk. 

Midas stated that the architecture allows liquidity providers to compete for execution, which it said structurally drives down the cost of capital. The company described its vision for MSL as transforming any instrument, including vaults, funds, ETFs, and stocks, into a tokenized asset with built-in instant liquidity.

Midas also introduced the Midas Attestation Engine, which publishes cryptographically verifiable proof of reserve, net asset value, and price updates directly onchain. The company said the engine allows any investor, protocol, or integration to independently confirm the state of underlying allocations at any time.

The development follows a period of operational scaling where the protocol reported $500 million in current total value locked and more than $37 million in yield distributed to 20,000 individual mToken holders, per the statement.  

Midas noted that its mTokens are currently integrated into protocols such as Morpho, Curve, and Pendle to function as native primitives. The firm also plans to integrate with Ledger Wallet and launch new investment strategies, including reinsurance products via MembersCap and asset receivables through Fasanara.