Overview
- Uniform Labs announced a combined pre‑seed and seed raise that brought Multiliquid $8 million from investors led by Polychain with participation from Metalayer Ventures, Strobe Ventures, CMT Digital, Generative Ventures and Circle Ventures.
- Multiliquid offers T+0, atomic swaps that let holders convert tokenized money‑market and treasury fund tokens directly into stablecoins such as USDC and USDT in a single blockchain transaction.
- The protocol runs on Ethereum and Solana and currently routes more than $20 million of live liquidity while supporting tokenized products from managers including Wellington Management, VanEck, Janus Henderson and Fasanara.
- Multiliquid works as a liquidity aggregator that asks external market makers to quote against each fund’s net asset value rather than using a single proprietary capital pool, a design that depends on growing market‑maker participation and institutional comfort with stablecoin settlement rails.
- The raise targets a fast‑growing tokenized real‑world asset market valued at roughly $39 billion and aims to shorten slow off‑chain redemption cycles so treasuries and funds can move capital between yield‑bearing tokenized investments and payment stablecoins more quickly.