According to CoinMeta, and as reported by The Block, the developer of the tokenized asset settlement platform multiliquid, Uniform Labs, has completed a total of $8 million in seed and pre-seed financing rounds. The seed round was led by Polychain, with Circle Ventures, CMT Digital, and others also participating. The valuation of the company has not been disclosed. multiliquid allows institutions to perform two-way conversions between tokenized assets and stablecoins based on the net asset value (NAV) in a single atomic transaction. Currently, Ethereum and Solana have been launched, supporting the tokenized assets of financial management institutions such as USDC, Wellington Management, and VanEck. The platform has already commenced initial pilot transactions and plans to use the funds to expand protocol development, introduce liquidity partners, and integrate more tokenized cash and government bond products. The founder stated that there are no plans to issue tokens at this time.