Multiliquid, a settlement platform developed by Uniform Labs, has raised $8 million in seed funding led by Polychain Capital. Circle Ventures, Strobe Fund, CMT Digital, Metalayer VC and Generative Ventures also participated.
The Los Angeles company provides 24/7 atomic swaps and instant liquidity for tokenized assets, including money market funds and USDC, across the Ethereum and Solana networks. Led by CEO Will Beeson, it will use the funding to expand its engineering team, partnerships and blockchain integrations.
Multiliquid says it already supports more than $20 million in live liquidity for issuers including Wellington Management and VanEck.
Tokenized finance is attracting both startups and incumbent market infrastructure, and settlement is a crowded, regulated space. The test for Multiliquid is whether it can convert early issuer relationships into durable trading volume, and remain a neutral layer as larger players build similar capabilities.