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Circle · Tokenization ·

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

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Uniform Labs, the developer of the tokenized asset settlement platform Multiliquid, has raised $8 million across pre-seed and seed funding rounds.

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The latest seed round was led by Polychain, with participation from Strobe Ventures, CMT Digital, Metalayer Ventures, Generative Ventures, and Circle Ventures, Multiliquid said Thursday. He declined to disclose how the $8 million was split between the two rounds. Multiliquid has not constituted a board, Beeson said when asked whether investors received board, observer or advisory positions. Founded last year, Multiliquid lets institutions convert tokenized assets into stablecoins, or vice versa, in a single atomic transaction.

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