Uniform Labs launches the tokenized money market fund exchange protocol Multiliquid

According to CoinDesk, blockchain infrastructure company Uniform Labs has announced the launch of Multiliquid, a round-the-clock exchange protocol supporting tokenized money market funds, as well as RWA and stablecoins.

The company was founded by executives from financial institutions such as Standard Chartered Bank and UniCredit Bank. The new protocol aims to enable institutions to exchange between blue-chip tokenized money market funds and stablecoins around the clock, eliminating redemption delays of several days and liquidity constraints, and supporting liquidity trading of USDT and USDC.