RWA project MIDAS has announced the completion of an $8.75 million seed round of financing. The round was led by BLOCKTOWER CAPITAL, FRAMEWORK VENTURES, and HV CAPITAL, with participation from COINBASE VENTURES, LEDGER, 6TH MAN VENTURES, GSR, HACK VC, AXELAR NETWORK, PEER CAPITAL, and FJ LABS. MIDAS is an asset tokenization project, and its first product, MTBILL, will track short-term US Treasury bonds, with each MTBILL token representing a share in the BlackRock Treasury ETF.

Wu learned that the RWA project Midas has announced the completion of an $8.75 million seed round of financing. BlockTower Capital, Framework Ventures, and HV Capital jointly led the investment, with participation from Coinbase Ventures, Ledger, 6th Man Ventures, GSR, Hack VC, Axelar Network, Peer Capital, FJ Labs, and others. Midas is an asset tokenization project, and its first product, mTBILL, will track short-term US Treasury bonds. Each mTBILL token represents a share in the BlackRock Treasury ETF.

The RWA project MIDAS has completed a seed round of financing of 8.75 million US dollars.