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Midas - About the company

Midas is a series A company based in Berlin (Germany), founded in 2020 by Dennis D. It operates as an An asset tokenization platform bringing exposure to institutional-grade assets on-chain. Midas has raised $58.8M in funding from investors like Creandum, RRE Ventures and HV Capital. The company has 1473 active competitors, including 327 funded and 35 that have exited. Its top competitors include companies like Mysten Labs, Aptos and Solana.

Company Details

An asset tokenization platform bringing exposure to institutional-grade assets on-chain. It is an asset tokenization protocol that issues tokenized real-world assets as permissionless ERC-20 tokens. Its flagship product is mTBILL, an ERC-20 token 1:1 tracking short-dated U.S. Treasury Bills (T-Bills).
Website
midas.app
Social
X
Email ID
*****@midas.app
Key Metrics
Founded Year
2020
Location
Berlin, Germany
Stage
Series A
Total Funding
$58.8M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
78 as on Jul 31, 2026
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Midas's funding and investors

Midas has raised a total funding of $58.8M over 2 rounds. Its first funding round was on Mar 28, 2024. Its latest funding round was a Series A round on Mar 30, 2026 for $*****. 11 investors participated in its latest round. Midas has 20 institutional investors.

Here is the list of recent funding rounds of Midas:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 30, 2026
9795920
Series A
1522053
5163104
9753405
4578270
Mar 28, 2024
3493795
Seed
2480396
9373743
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Midas' founders and board of directors

Founder? Claim Profile
The founders of Midas is Dennis D.
Here are the details of Midas' key team members:

Midas' employee count trend

Midas has 78 employees as of Jul 26. Here is Midas's employee count trend over the years:
Employee count trend for Midas
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Midas's Competitors and alternates

Top competitors of Midas include Mysten Labs, Aptos and Solana. Here is the list of Top 10 competitors of Midas, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mysten Labs
Mysten Labs
2021, Palo Alto (United States), Series B
Blockchain platform offering Web3 infrastructure solutions
$336M
81/100
2nd
Logo for Aptos
Aptos
2021, Palo Alto (United States), Series D
Provider of protocols for building blockchain-based solutions
$350M
80/100
3rd
Logo for Solana
Solana
2010, San Francisco (United States), Series C
Blockchain-based infrastructure for transactions and counting
$374M
79/100
4th
Logo for NEAR
NEAR
2017, Zug (Switzerland), Series D
Public blockchain network platform
$542M
78/100
5th
Logo for AVA
AVA
2018, Brooklyn (United States), Series B
Blockchain platform for smart contracts and custom subnets
$368M
75/100
6th
Logo for R3
R3
2015, London (United Kingdom), Series A
Provider of digital currency, digital asset and interoperability solutions
$112M
75/100
7th
Logo for Ethereum
Ethereum
2013, Toronto (Canada), Series B
Blockchain-based public network for decentralized applications
-
71/100
8th
Logo for DFINITY
DFINITY
2014, Palo Alto (United States), Series C
Blockchain-based public network for building decentralized applications
$164M
69/100
9th
Logo for Avalanche
Avalanche
2018, Tortola (United Kingdom), Funding Raised
Provider of smart contracts platform for decentralized application development
-
68/100
10th
Logo for Concordium
Concordium
2018, Cham (Switzerland), Series B
Layer-1 blockchain protocol focused on identity-first
$15M
67/100
29th
Logo for Midas
Midas
2020, Berlin (Germany), Series A
An asset tokenization platform bringing exposure to institutional-grade assets on-chain
$58.8M
61/100
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Midas's Investments and acquisitions

Midas has made no investments or acquisitions yet.

Reports related to Midas

Here is the latest report on Midas's sector:

News related to Midas

Media has covered Midas for a total of 5 events in the last 1 year, 3 of them have been about company updates.
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