Midas is a cryptocurrency application that enables users to buy, sell, and invest in various cryptocurrencies and tokens through a secure, regulatory-compliant platform. By offering transparent performance reporting and institutional-grade asset safeguarding, Midas addresses the need for reliable investment options in the volatile crypto market.
Funding
$8.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Individual investors often lack access to sophisticated investment strategies and institutional-grade asset management within the cryptocurrency market. The complexity and volatility of digital assets create a need for transparent, secure, and regulatory-compliant investment options.
Solution
Midas provides a platform for accessing yield-bearing cryptocurrency investments through a range of tokenized strategies. These strategies, such as those focused on short-term US Treasuries, market-neutral crypto positions, and Bitcoin yield, are designed to offer diverse risk-return profiles. Midas employs a bankruptcy-remote structure for asset safeguarding and provides independent performance reporting. The platform issues freely transferable, permissionless ERC-20 tokens representing each strategy, enabling instant issuance and redemption.
Target Audience
Midas targets individual cryptocurrency investors seeking diversified, regulatory-compliant, and institutionally managed investment strategies within the digital asset space.
Features
- Tokenized investment strategies including mTBILL (US Treasuries), mBASIS (crypto market neutral), and mBTC (Bitcoin yield)
- Real-time, on-chain verification of asset allocation and performance
- Regulatory compliance under European securities laws, enabling retail distribution
- Bankruptcy-remote structure to protect investor assets
- DeFi composability through ERC-20 tokens for seamless integration with decentralized applications