Uniform Labs, a blockchain infrastructure company founded by former team members of Standard Chartered and UniCredit, on Dec. 17 announced the launch of Multiliquid, a protocol designed to provide instant liquidity for tokenized assets.

The tokenized real-world asset (RWA) market currently boasts a total distributed asset value of over $18.7 billion, including private credit, real estate, private equity, and Treasury funds, per RWAxyz. However, most of these assets are hard to sell quickly because redemptions depend on the issuer.

Multiliquid attempts to address this challenge by allowing instant swaps between blue-chip tokenized money market funds (MMFs) and stablecoins. The protocol will start with USDC and USDT, with additional stablecoins to be added later, according to a press release viewed by The Defiant.

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