Update
Multiliquid Secures $8 Million Funding to Enhance Tokenized Asset Liquidity
Uniform Labs, the developer of the institutional tokenized asset liquidity protocol Multiliquid, has announced a seed funding round led by Polychain, bringing its total funding to $8 million. The round includes participation from Polychain, Strobe Ventures, CMT Digital, Metalayer Ventures, Generative Ventures, and Circle Ventures. The funding will support Multiliquid's development of infrastructure that allows institutions to exchange tokenized assets for stablecoins around the clock, reducing reliance on traditional subscription and redemption processes. The platform aims to give institutions continuous access to liquidity without waiting for traditional fund redemption windows, allowing capital to move between investment products and payment assets.