Tokenized asset settlement platform Multiliquid completes $8 million funding round, led by Polychain.

PANews October 16 news, according to The Block, Uniform Labs, the developer of tokenized asset settlement platform Multiliquid, has raised a cumulative $8 million across seed and pre-seed funding rounds, with the latest seed round led by Polychain and participated by Strobe Ventures, CMT Digital, Metalayer Ventures, Generative Ventures, and Circle Ventures, among others. Multiliquid supports institutions in converting between tokenized assets and stablecoins through a single atomic transaction, and is currently deployed on Ethereum and Solana.

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OpenAI's fundraising target plunges by $10 billion, with valuation simultaneously cut to $1.25 trillion.

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