Multipli, a real-world asset lending protocol, said on X that its native ecosystem token MULT has entered community sale. The sale is being conducted on SONAR, an on-chain token sale platform built by Echo, a Coinbase-backed unit, with priority given to the community. The Pre-Open phase began at 13:00 UTC on Aug. 7, 2026 and is scheduled to run until 13:00 UTC on Aug. 14, 2026. Users holding rewards such as ORBs and Crystals are eligible for additional benefits. Participants can use USDC and USDT in the sale. Multipli also said it is backed by institutions including Pantera Capital and Sequoia.