Dfns and Midas have joined forces to bring institutional-grade yield strategies onchain, securely, seamlessly, and at scale. This partnership unlocks access to tokenized U.S. Treasuries, crypto basis trades, and Bitcoin yield products, directly within Dfns wallets.
Imagine accessing institutional-grade yields onchain via exposure to the U.S. Treasury Bills, crypto basis trades, or Bitcoin yield strategies, with zero wallet friction and no compromise on security. That future is now a reality, thanks to the partnership between Dfns and Midas. This collaboration brings together two industry leaders with complementary visions:
- Midas has selected Dfns to power its secure custody and treasury infrastructure—including support for Telegram’s TON blockchain and Jetton tokens.
- Dfns is integrating Midas' tokenized yield products, such as mTBILL, to help clients seamlessly tap into transparent, onchain income streams.
- The next step is to embed Dfns-powered multichain wallets into the Midas platform, so new users can easily access onchain financial services without any hassle.
Together, we’re building a secure bridge between traditional finance and decentralized investing.
Midas: Internet-native investing, institutionally engineered
Midas is on a mission to reimagine how financial products are structured, accessed, and distributed in the internet era. The company offers Liquid Yield Tokens (LYTs),fully-compliant ERC-20 tokens that bring performance from real-world and crypto-native strategies onto the blockchain.
Flagship Yield Strategies:
- mTBILL – Tokenized short-term U.S. Treasuries with ~4% stable APY.
- mBASIS – Crypto market-neutral strategy capturing basis trade spreads.
- mBTC – Bitcoin-backed token generating passive BTC-based yield.
- mEDGE, mMEV, mRe7YIELD – High-yield stablecoin strategies powered by institutional partners like Re7 Capital, MEV Capital, and Edge Capital.
All Midas tokens are freely composable across DeFi, built with atomic redemption, real-time pricing, and backed by institutional-grade structuring. Importantly, they are issued under ring-fenced, regulatory compliant structures in Europe under the German BaFin framework with transparency reports, legal disclosures, and external audits available at all times. Led by Fabrice Grinda, a world-class team (alumni from Goldman Sachs, Anchorage Digital, Capital Group, Solaris Group SE, and Ondo Finance) and backed by top investors like Framework, BlockTower, HV Capital, and Coinbase Ventures, Midas is bringing onchain finance into a new era of accessibility and trust.
“Integrating Dfns’ wallet infrastructure has allowed us to focus on building the best yield-generating products without compromising on user security or experience. Our users can now invest with confidence and ease.” — Dennis Dinkelmeyer, CEO & co-Founder, Midas
Dfns: secure wallet infrastructure without the friction
While Midas builds the yield-generating engine, Dfns removes all the wallet complexity under the hood. As the wallets-as-a-service (WaaS) provider trusted by financial institutions like Standard Chartered-backed crypto custodian Zodia Custody, ADQ-backed Tungsten Custody, Fidelity International, ABN AMRO, Bridge (acquired by Stripe), Iron (acquired by MoonPay), and 160+ other fintechs and financial institutions, Dfns offers secure, programmable, and embedded wallets that abstract away blockchain complexities, key management, transaction lifecycle management and other critical features for digital asset custody.
What Dfns brings to Midas:
- Embedded wallets with zero seed phrases: Wallets are generated instantly via API and accessed with biometrics, passkeys, or PINs, creating no single points of failure.
- Multichain compatibility: Full support for TON, Ethereum, and over 100 other blockchains including Polygon, Base, Solana, and Arbitrum.
- Ultra-secure custody: Powered by advanced MPC (Multi-Party Computation) or HSM (Hardware Security Modules), backed by FIPS 140-2/3 compliant infrastructure.
- Built-in transaction reliability: Dfns automates queuing, retries, and fee optimization across chains, enabling seamless execution, even during network congestion.
- Regulatory alignment: Deploy keys and policies in chosen jurisdictions. Dfns is ISO 27001 certified, SOC 2 Type II compliant, and aligned with frameworks like US FISMA and EU DORA.
"At Dfns, our mission is to remove complexity from digital asset management so that visionary companies like Midas can push blockchain finance forward and give access to yield-generating instruments to a wider audience. Together, we’re making institutional-grade yields accessible to everyone, which makes us very proud." — Clarisse Hagège, CEO, Dfns
Real yield, real security, now available onchain
Midas and Dfns share a long-term vision: giving users access to high-quality, yield-bearing financial products without sacrificing security, UX, or regulatory clarity. This partnership is more than just an integration; it’s a model for how institutional finance and DeFi can come together, responsibly and securely. With Dfns powering custody and Midas delivering yield, users can now access the future of fund management through a clean, compliant, and composable experience.
To learn more, visit midas.app or dfns.co.
Authors
Clarisse Hagège
Clarisse Hagège is the CEO and Cofounder of Dfns. She has an extensive background as a Board Member of the MPC Alliance, Mentor at Techstars Web3 Launchpad, and crypto startup Advisor at Station F. With BSc and MSc degrees in Finance, Economics and Political Science from Sorbonne University, Sciences Po, and Dauphine University, her career spans a decade in investment banking and corporate treasury in Paris and New York, including roles at Goldman Sachs, Merrill Lynch, and Crédit Agricole CIB.