Midas
A compliant RWA tokenization platform bringing traditional assets on-chain
Performances
RD Popularity Index
RD Growth Index
Revenue & Burn
Protocol income
$667.64Buyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Oct 2026 | $667.64 | -- | -- | -- |
| Sep 2026 | $4.96K | -- | -- | -- |
| Aug 2026 | $1.3K | -- | -- | -- |
| Jul 2026 | $7.19K | -- | -- | -- |
| Jun 2026 | $6.75K | -- | -- | -- |
| May 2026 | $2.06K | -- | -- | -- |
Comparison
Follow Updates
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About Midas
Midas is an asset tokenization platform that packages institutional-grade investment strategies into onchain tokens (mTokens), such as mGLOBAL, mGLO, and mWIN, the latter launched with Wellington Management. Underlying assets include CLOs, CMBS, RMBS, ABS, and investment-grade corporate bonds. Its core narrative is not simply tokenizing assets, but making the portfolios themselves composable within DeFi: holders can use mTokens as collateral on protocols like Aave and Morpho while retaining exposure to the underlying strategy. The market pain point is that traditional tokenized products often lock funds in vault-like structures, forcing investors to wait days for redemptions. Midas addresses this with Midas Staked Liquidity (MSL) and an OTC liquidator network, providing instant liquidity without liquidating positions at exit.
Over the past six months: in March, it announced a new system to solve liquidity issues; in late June, mGLOBAL went live on Aave Horizon; in July, mGLO launched on Robinhood Chain, a Portfolio page was introduced, and combined TVL for mGLOBAL/mGLO surpassed $100 million; in August, mWIN launched and total TVL exceeded $600 million. The overall focus has been expanding distribution channels and product offerings.
Midas obtained approval from European regulators to expand its tokenized products, establishing a foundation for compliant growth in RWA markets.
It completed a $50 million Series A round led by RRE and Creandum.
The platform launched mBASIS to compete with Ethena and introduced mGLOBAL on Aave Horizon, enabling collateralized lending for Fasanara’s alternative debt strategies.
Key progress in the past six months: completed a $50M Series A, bringing total funding to $58.75M; launched Midas Staked Liquidity (an initial $40M facility enabling instant atomic redemptions for mTokens) and the Attestation Engine (built with Chainlink CRE, LlamaRisk, vLayer, and Canary for verifiable audit trails); added five products: mROX, mGLOBAL, mEVUSD, mM1-USD, and mRE (pending). mGLOBAL went live on Aave Horizon RWA Market, mGLO launched on Base and Robinhood Chain, and TVL surpassed $500M. Recently, Midas introduced mWIN with Wellington Management: issued via a Luxembourg securitisation vehicle, with Wellington as strategy manager and Northern Trust as custodian; it launched day one as collateral on Morpho, and will soon go live on Monad with AUSD support. Official future priorities: continue scaling the Open Liquidity Architecture, deepen DeFi integrations, launch mRE, and expand multi-chain deployment and product offerings.
Co-founders & core executives:
Dennis Dinkelmeyer – Co-founder & CEO. Led Midas from inception, focusing on tokenizing institutional-grade assets onchain.
Fabrice Grinda – Co-founder & Executive Chairman. Veteran tech entrepreneur and investor; co-founded multiple ventures and backs blockchain adoption.
Romain Bourgois – Co-founder & CPO. Previously Head of Product at Ondo Finance and Senior PM at Criteo; drives product strategy for composable mTokens.
Felix Stremmer – COO. Ex-COO of Bitbond, brings deep tokenization and operations experience; oversees finance and scaling.
Baptiste Cota – CBO. Founding partner at LeadBlock Partners (blockchain VC); leads tokenisation, risk, and business development.
Jonathan Chevalier – CTO. Technical lead architecting Midas' onchain infrastructure and security.
Midas recently saw a team change: Greg Feibus, Head of Business Development & Partnerships, left in May 2026. He joined in February 2024, overseeing institutional partnerships and tokenized product promotion.
After leaving, Feibus joined Sky Frontier Foundation as Global Head of Capital Markets, focusing on institutional capital flows. This change may reflect Midas's strategic shift.