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63 Greed

Multiliquid raises $8M to speed tokenized asset settlement

Multiliquid raises $8M to speed tokenized asset settlement Image: Crypto Briefing
Image via Crypto Briefing.

Multiliquid has raised $8 million in total funding, with a seed round led by Polychain. The platform is built by Uniform Labs and lets institutions swap tokenized funds into stablecoins in a single blockchain transaction. It targets a settlement process that can take several business days. The protocol supports USDC and tokenized products from Wellington Management and VanEck. The seed round's individual size was not disclosed.

Key points

  1. Multiliquid has raised $8 million in total funding, with a seed round led by Polychain.
  2. Uniform Labs built the platform to let institutions swap tokenized funds into stablecoins.
  3. The protocol aims to cut a settlement process that can take several business days.
  4. The platform supports USDC and tokenized products from Wellington Management and VanEck.

Why it matters

Institutions holding tokenized Treasuries, money market funds and private credit can convert them into stablecoins without waiting for conventional settlement windows. It targets a delay that can tie up capital.

What's unclear

The seed round's individual size was not disclosed.

Price context · USDC

At publication
$0.9996
Now
$0.9996
Change since
+0.00%
7 days · dashed line = publication

Sources · 3 publishers

The Block Tier 1 First report
Multiliquid, a settlement platform for tokenized assets, raises $8 million
Crypto Briefing Tier 2
Multiliquid raises $8M to speed up tokenized asset settlement
Crypto Briefing Tier 2
Multiliquid raises $8 million to expand liquidity in $40 billion tokenized asset market
Bitcoin.com News Tier 2
Multiliquid Raises $8M to Challenge Slow Settlement on Wall Street

Coverage timeline

  1. First reported by The Block
  2. Also reported by Crypto Briefing
  3. CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error

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