Midas, founded in 2023, positions itself at the intersection of Crypto and Web3 industries, headquartered in Germany. The company’s slogan, “Internet Native Investing. Backed by Framework, Blocktower, Coinbase Ventures.”, underscores its ambition and notable backing.
Midas is innovatively offering exposure to institutional-grade assets, integrating them with the burgeoning ecosystem of DeFi applications through a permissionless ERC-20 token. This positions it as a key player for investors seeking to align with the decentralized financial future.
Recently, Midas secured an $8.75M Seed Round investment on 28 March 2024. This funding round was supported by an impressive list of investors, including FJ Labs, 6th Man Ventures, GSR Markets, Hack VC, Lattice, PEER VC, Pareto Network, Ledger Cathay Capital, Phaedrus, and Axelar Network, marking a testament to its potential and trust in its vision.