The tokenized asset settlement platform Multiliquid developer Uniform Labs has completed a total of $8 million in financing, led by Polychain

According to The Block, the developer of the tokenized asset settlement platform Multiliquid, Uniform Labs, has raised a total of $8 million in seed and pre-seed funding rounds, with the latest seed round led by Polychain, and participation from Strobe Ventures, CMT Digital, Metalayer Ventures, Generative Ventures, and Circle Ventures.

Multiliquid supports institutions in converting between tokenized assets and stablecoins through single atomic transactions, and is currently deployed on Ethereum and Solana.