Multiliquid Secures Funding to Improve Settlement Efficiency for Tokenized Assets

Multiliquid just closed an $8 million seed round. The company, built by Uniform Labs, wants to fix one of the more stubborn problems in blockchain finance: the gap between holding a tokenized asset and actually being able to spend it. The round closed October 15. Polychain led it, with Circle Ventures, Strobe Ventures, CMT Digital, Metalayer Ventures, and Generative Ventures all contributing. Multiliquid didn’t break out individual check sizes, which is pretty standard at seed stage.

Source: The Currency Analytics