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Midas secures $45m in record deal

By: Sabrina Clarke

· Sustainability

Midas has raised a record-breaking $45 in their Series A round, just three years into its formation.

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What are they offering?
Lower trading rates for retail Turkish investors investing in Turkish and US equities.

Why is this significant?
Turkey is considered an emerging market. Fees have been a barrier to access for retail investors, but Midas removes this barrier (social sustainability). The $45m also enables Midas to scale operations across other emerging markets, which will have record investments for retail investors who have the means and now have the avenue (economic sustainability).

The story writes itself.