Multiliquid, a settlement platform for tokenized assets, raises $8 million

RWA Signal Insight
InfrastructureUniform Labs, the developer behind the settlement platform Multiliquid, has successfully raised $8 million across pre-seed and seed funding rounds to enhance liquidity for tokenized real-world assets. The latest seed round was led by Polychain with participation from notable firms including Circle Ventures, CMT Digital, and Strobe Ventures. Multiliquid operates on Ethereum and Solana, providing a non-custodial infrastructure that enables institutions to convert tokenized assets into stablecoins in a single atomic transaction. By automating conversions at net asset value, the platform aims to eliminate the multi-day redemption lags and manual settlement delays that currently hinder institutional treasury and collateral management. The startup supports assets from major managers such as Wellington Management, VanEck, and Janus Henderson, while enforcing compliance rules directly at the settlement layer. This funding will be utilized to expand protocol engineering, integrate additional tokenized Treasury products, and onboard new liquidity providers. The development is significant for the RWA market as it addresses the critical friction of liquidity fragmentation, moving the industry closer to truly internet-native capital markets.
Key points
- Multiliquid raised $8 million in combined pre-seed and seed funding led by Polychain.
- The platform enables atomic, real-time conversion between tokenized assets and stablecoins on Ethereum and Solana.
- Multiliquid supports assets from managers including VanEck, Wellington Management, and Janus Henderson.
- The non-custodial protocol enforces compliance and identity verification directly at the settlement layer.
Background
Multiliquid is a settlement infrastructure provider designed to bridge the gap between traditional tokenized assets and liquid stablecoins. It functions as a specialized layer that automates the conversion process, allowing institutional users to bypass the slow, manual redemption cycles typically associated with on-chain real-world assets.