Real-time earnings protocol Multipli completes $5 million in new funding, bringing total funding to $21.5 million

ChainCatcher news, reported by Chainwire, the real-time yield protocol Multipli announced the completion of a new financing round of $5 million, bringing its total funding to $21.5 million. This funding includes a strategic reallocation of $16.5 million from the team's previous investment in Brine Fi.

This financing will accelerate Multipli's expansion of institutional-grade yield products for native crypto assets such as Bitcoin and tokenized gold. Multipli is described as a real-time yield protocol that unlocks exceptional risk-adjusted returns for assets that typically do not generate yield, including Bitcoin, tokenized gold, Ripple, and stablecoins.

With support from Pantera, Sequoia Capital, and Elevation Capital, the platform has raised $21.5 million within weeks of its mainnet launch, achieving a total value locked (TVL) of $95 million.