Midas Secures $50 Million Series A and Launches Staked Liquidity Facility

Midas has successfully raised $50 million in a Series A funding round and introduced Midas Staked Liquidity, a redemption facility with an initial capacity of up to $40 million for tokenized assets. According to NS3.AI, the facility aims to facilitate redemptions across both decentralized and centralized finance platforms, eliminating counterparty and settlement risks. Additionally, Midas has launched an onchain attestation engine and reported that the protocol currently holds $500 million in total value locked.