Uniform Labs, the developer behind tokenized asset settlement platform Multiliquid, has raised a total of $8 million across its pre-seed and seed rounds. The latest seed financing was led by Polychain, with participation from Strobe Ventures, CMT Digital, Metalayer Ventures, Generative Ventures, and Circle Ventures. The company did not disclose the size or valuation of each round.
Multiliquid is already live on Ethereum and Solana. The platform is designed to let institutions swap tokenized assets and stablecoins in either direction at net asset value within a single atomic transaction, while also settling the trade at the same time. Its target users include asset issuers, institutional treasuries, DeFi lending protocols, and market makers.
Uniform Labs said the platform uses a non-custodial model and enforces transfer restrictions, identity checks, and issuer-defined compliance rules at the settlement layer. It has already started processing early pilot transactions. The new funding will be used to expand the protocol engineering team, add liquidity and trading venue partners, and bring more tokenized cash and Treasury products to EVM networks and Solana. The company also said it has no current plans to issue a token.
Uniform Labs, the developer of tokenized asset settlement platform Multiliquid, said on Oct. 16 that it has raised a total of $8 million across its pre-seed and seed rounds. The latest seed round was led by Polychain, with Strobe Ventures, CMT Digital, Metalayer Ventures, Generative Ventures, and Circle Ventures also participating. The company did not disclose the amount raised in each round or the valuation attached to them.
Live on Ethereum and Solana
According to the announcement, Multiliquid is already live on Ethereum and Solana. The platform allows institutions to exchange tokenized assets and stablecoins in either direction at net asset value within a single atomic transaction, with settlement completed at the same time.
Built for institutional balance sheet and protocol use cases
Multiliquid is aimed at asset issuers, institutional treasuries, DeFi lending protocols, and market makers. The stated use cases include reserve rebalancing, margin management, and yield strategy adjustments.
Non-custodial design with compliance controls
The platform uses a non-custodial model and applies transfer restrictions, identity verification, and issuer-defined compliance rules at the settlement layer. Uniform Labs said it has already begun processing early pilot transactions.
How the funding will be used
The company said the capital will go toward expanding its protocol engineering team, adding liquidity and trading platform partners, and onboarding more tokenized cash and Treasury products across EVM networks and Solana.
Uniform Labs also said it does not currently plan to issue a token.
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