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Midas Completes $50 Million Series A Financing Led by RRE Ventures and Creandum

On March 30, Midas announced the completion of a $50 million Series A financing round, led by RRE Ventures and Creandum. Other participants in this round include Framework Ventures, HV Capital, Ledger Cathay, North Island Ventures, FJ Labs, No Limit Holdings, Coinbase Ventures, Franklin Templeton, GSR Ventures, Sigil Capital, Theia Blockchain, Hyperithm, Legends Group, Peer VC, Aether VC, Sumcap, Myelin VC, Stake Capital, Oasis Foundation, Anchorage Digital, M1 Capital, and Bufficorn Ventures. Additionally, Midas announced the launch of its core product, Midas Staked Liquidity (MSL), with an initial capacity of up to $40 million, aimed at addressing the liquidity issues of tokenized real-world assets (RWA) and providing instant liquidity and instant redemption.

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