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
- 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
Ranked
29th among 1473 active competitors
Employee Count
78 as on Jul 31, 2026
Legal entities associated with Midas
Midas is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MIDAS Software GmbH CIN: HRB 4416 , Germany, Active | Nov 12, 2024 | - | - |
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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 |
View details of Midas's funding rounds and investors
Midas' founders and board of directors
Founder? Claim ProfileThe founders of Midas is Dennis D.
Here are the details of Midas' key team members:
- Dennis D: Founder of Midas. Contact Info: 1 email address
View details of Midas's Founder profiles and Board Members
Midas' employee count trend
Midas has 78 employees as of Jul 26. Here is Midas's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Mysten Labs 2021, Palo Alto (United States), Series B | Blockchain platform offering Web3 infrastructure solutions | $336M | 81/100 | |
2nd | Aptos 2021, Palo Alto (United States), Series D | Provider of protocols for building blockchain-based solutions | $350M | 80/100 | |
3rd | Solana 2010, San Francisco (United States), Series C | Blockchain-based infrastructure for transactions and counting | $374M | 79/100 | |
4th | NEAR 2017, Zug (Switzerland), Series D | Public blockchain network platform | $542M | 78/100 | |
5th | AVA 2018, Brooklyn (United States), Series B | Blockchain platform for smart contracts and custom subnets | $368M | 75/100 | |
6th | R3 2015, London (United Kingdom), Series A | Provider of digital currency, digital asset and interoperability solutions | $112M | 75/100 | |
7th | Blockchain-based public network for decentralized applications | - | 71/100 | ||
8th | DFINITY 2014, Palo Alto (United States), Series C | Blockchain-based public network for building decentralized applications | $164M | 69/100 | |
9th | Avalanche 2018, Tortola (United Kingdom), Funding Raised | Provider of smart contracts platform for decentralized application development | - | 68/100 | |
10th | Concordium 2018, Cham (Switzerland), Series B | Layer-1 blockchain protocol focused on identity-first | $15M | 67/100 | |
29th | An asset tokenization platform bringing exposure to institutional-grade assets on-chain | $58.8M | 61/100 |
Looking for more details on Midas's competitors? Click here to see the top ones
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.
•
Symbiotic and Midas Partner to Enhance Liquidity for Tokenized AssetsThe Daily Hodl•Apr 29, 2026•Symbiotic, Midas
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Midas Secures $50 Million Funding to Boost LiquidityBitcoin Ethereum News•Mar 30, 2026•Franklin Templeton Investments, MIDAS, Creandum, RRE Ventures and 7 others
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Berlin-based Midas lands €43 million to expand tokenised investment infrastructureEU-Startups•Mar 30, 2026•Midas
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Midas Introduces Two New DeFi Products on Etherlink for Market-Neutral ExposureCoinDesk•Jul 16, 2025•Midas
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Midas Launches the mBTC Yield-Bearing Token for Bitcoin-Dominated AssetsNFTgators•Oct 24, 2024•Midas
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Midas Receives EU Regulatory Approval to Offer Tokenised Assets to Retail InvestorsNFTgators•Oct 08, 2024•Midas
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Midas Protocol Raises $8.75M in a Round Co-led By BlockTower, Framework and HV CapitalNFTgators•Mar 29, 2024•Midas Protocol, BlockTower, HV Capital, Framework Ventures and 13 others
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