Multiliquid Raises $8M to Challenge Slow Settlement on Wall Street

Multiliquid has secured $8 million in total funding after closing a seed round led by Polychain, with backing from Circle Ventures and five other investment firms. Developed by Uniform Labs, the platform addresses a stubborn problem in tokenized finance: Assets representing Treasuries, money market funds and private credit can trade on blockchains, yet converting them into spendable stablecoins can still take days. Tokenized assets promise around-the-clock finance, but there’s a catch. Even when traditional finance (TradFi) investments live on a blockchain, turning them into usable cash can still take days.

Source: Bitcoin.com News