Uniform Labs launches Multiliquid, a tokenized money market fund exchange protocol.

Odaily Planet Daily reports that blockchain infrastructure company Uniform Labs has announced the launch of Multiliquid, a 24/7 exchange protocol supporting tokenized money market funds, as well as RWA and stablecoins. Founded by former executives from financial institutions such as Standard Chartered Bank and UniCredit, the new protocol aims to allow institutions to exchange between blue-chip tokenized money market funds and stablecoins around the clock, eliminating redemption delays and liquidity constraints that can last for several days, and also supporting liquidity trading of USDT and USDC. (CoinDesk)