midas crypto - Midas secures $50M Series A as mTokens surpass $1.7B in assets minted
Midas, which empowers asset managers to bring institutional-grade strategies onchain, has closed a $50 million Series A led by RRE Ventures and Creandum, with additional backing from Framework Ventures, HV Capital, Ledger Cathay, North Island Ventures, Coinbase Ventures, FJ Labs, and others.
The funding comes amid strong growth for mTokens, which have minted over $1.7 billion in assets and distributed more than $37 million in yields.
? KEY STATISTICS
Possession: 55% - 45%
Shots on target: 6 - 3
Pass accuracy: 88% - 82%
Corners: 5 - 2
??? POST-MATCH REACTIONS
"We showed great character," said the winning coach. "The team never gave up."
The losing side rued missed opportunities but vowed to come back stronger.