Tokenisation Startup Midas Raises $50 Million in Early-Stage Funding Round
Published by Global Banking & Finance Review®
Posted on March 30, 2026
2 min readLast updated: March 30, 2026
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Published by Global Banking & Finance Review®
Posted on March 30, 2026
2 min readLast updated: March 30, 2026
Add as preferred source on Google
Midas, a Berlin-based tokenisation startup founded in 2024, has raised $50 million in an early-stage funding round—significantly above the European norm—with backing from RRE, Creandum, Coinbase Ventures, Franklin Templeton and others.
By Niket Nishant
March 30 (Reuters) - German startup Midas has raised $50 million in an early-stage funding round led by venture capital firms RRE and Creandum, with backing from investors including Coinbase Ventures and Franklin Templeton, it said on Monday.
Founded in 2024, the company turns investment products into digital tokens that can be traded on blockchain networks. The process, known as tokenisation, has drawn growing attention in recent months with proponents seeing it as a way to modernise capital markets by making financial products more transparent and easier to trade.
However, the still-nascent industry faces uncertainty around regulations, which could hamper broader adoption, as well as increased competition as financial heavyweights enter the space.
Other investors in Midas's funding round included Framework Ventures, HV Capital, Ledger Cathay, M1 Capital, Anchorage Digital, FJ Labs, North Island Ventures, No Limit Holdings and GSR.
The company did not disclose its latest valuation.
The financing exceeded the amount startups typically haul in at this stage. According to data from research firm PitchBook, the median size for Series A and Series B funding rounds in Europe stood at 14.4 million euros ($16.58 million) last year.
"A significant share of our early adopters are crypto-native, but we are seeing growing interest from larger institutions that want to work with tokenised assets," Midas co-founder and CEO Dennis Dinkelmeyer told Reuters.
The company plans to invest proceeds from the round into its core infrastructure. While Midas does not yet operate in the United States, Dinkelmeyer said it was on the "roadmap".
"We're actively investing in the legal and regulatory framework for U.S. entry so that when we do choose to expand there, we can do so in a way that's durable, scalable and fully aligned with the local regulatory framework," he added.
(1 euro = $1.1511)
(Reporting by Niket Nishant in Bengaluru; Editing by Janane Venkatraman)
Midas raised $50 million in its early-stage funding round.
The funding round was led by venture capital firms RRE and Creandum, with participation from Coinbase Ventures and Franklin Templeton.
Midas focuses on turning investment products into digital tokens that can be traded on blockchain networks.
Midas is actively investing in legal and regulatory frameworks for future expansion into the United States.
The industry faces regulatory uncertainty and increasing competition from established financial institutions.
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