Uniform Labs’ Multiliquid targets liquidity gap in $35 billion tokenized asset market

Uniform Labs, founded by former banking executives, has launched its institutional liquidity protocol, Multiliquid, into production. The protocol is designed to solve the liquidity constraints and multi-day redemption lags common in tokenized assets by allowing institutions to instantly swap between blue-chip tokenized money market funds and stablecoins like USDC and USDT around the clock.

This launch occurs as regulators scrutinize yield-bearing stablecoin models, such as under the GENIUS Act, which restricts direct yield payments. Multiliquid addresses this by keeping stablecoins as pure payment instruments while yield is generated from compliant, tokenized real-world assets (RWAs) plugged into its swap layer.

The protocol specifically targets the illiquidity in the $35 billion tokenized RWA market, where most assets lack continuous secondary markets. CEO Will Beeson stated that Multiliquid acts as the "missing liquidity layer" between tokenized assets and stablecoins, enabling on-chain capital markets to function in real time by offering instant settlement for tokenized money market funds, private credit, private equity, and real estate.

(Source：CoinDesk)