Newark FinTech Startup Multiliquid Raises $8 Million

The Newark-based developer Uniform Labs secured the funding to expand its tokenized fund protocol.

Updated on Oct. 15, 2026 in Investing

Bold flat-color editorial illustration featuring two geometric crystal forms in navy, cream, and gold, representing digital financial liquidity. — Newark-based Uniform Labs raised $8 million in funding to expand its Multiliquid protocol for tokenized fund swaps. AI Illustration. Upload story photo >

Live Poll

Would you consider holding assets in tokenized funds if they offered instant settlement?

Uniform Labs, the Newark-based company behind the Multiliquid protocol, has successfully raised $8 million in pre-seed and seed funding. The protocol enables instant swaps between tokenized funds and stablecoins across Ethereum and Solana.

Why it matters

Institutional users require the instant settlement of tokenized funds to maintain yield on their idle balances. Multiliquid intends to use this new capital to further extend its existing product offerings.

Multiliquid has secured $8 million in total funding and currently maintains over $20 million in live liquidity on its platform. The protocol supports assets including USDC, USDT, and funds from Wellington Management and VanEck.

The players

Uniform Labs

Based in Newark, Delaware, this company developed the Multiliquid protocol and manages its operations.

Polychain

This investment firm led the seed funding round for the Multiliquid project.

Will Beeson

He is the founder of the Multiliquid project.

Wellington Management

This global investment management firm provides funds supported by the Multiliquid platform.

VanEck

This investment management firm offers funds that are currently supported on the Multiliquid protocol.

The details

The Multiliquid protocol serves as a liquidity aggregator that allows third-party providers to quote prices for swaps against the net asset value of funds. Founded by Will Beeson, the startup operates with a lean team of three people to support its infrastructure.

2025: Will Beeson founded the project.
December 2025: The protocol launched on Ethereum mainnet.
February 2026: An instant redemption facility was added on Solana.
September 2026: Liquidity routes for JTRSY and JAAA funds were added.
October 2026: The company reported its $8 million funding raise.

Market Dynamics

The development of the Multiliquid protocol follows the established pattern of Ethereum and Solana blockchain liquidity aggregation models. It marks a push to bring institutional-grade assets like Wellington Management and VanEck funds into the decentralized finance ecosystem.

Institutional investors utilizing the platform gain the ability to maintain yield on idle balances through instant conversions. Retail participants should note that the protocol relies on third-party liquidity providers to quote swap prices.

The takeaway

The successful funding round highlights the growing institutional demand for high-speed liquidity solutions in the tokenized asset space. Investors looking at this sector should monitor how the platform scales its liquidity routes for traditional funds.