🚀 Multipli Secures $5 Million in New Funding to Expand Crypto Yield Products
#Multipli #crypto #yield #funding #BrineFi #Pantera #SequoiaCapital #ElevationCapital #Bitcoin #tokenizedgold #Ripple #stablecoins #mainnet #TVL #yieldproducts #launch #investment #institutional #BTC #XRP
According to PANews, real-time yield protocol Multipli has announced the completion of a $5 million funding round, bringing its total funding to $21.5 million. This latest investment includes a strategic reallocation of $16.5 million previously invested by the team in Brine Fi. The new funds will be used to accelerate the expansion of Multipli's institutional-grade yield products for native crypto assets such as Bitcoin and tokenized gold.
Multipli is designed to unlock exceptional risk-adjusted returns for typically non-yielding assets, including Bitcoin, tokenized gold, Ripple, and stablecoins. Supported by Pantera, Sequoia Capital, and Elevation Capital, the platform has raised $21.5 million within weeks of its mainnet launch, achieving a total value locked (TVL) of $95 million.#Multipli #crypto #yield #funding #BrineFi #Pantera #SequoiaCapital #ElevationCapital #Bitcoin #tokenizedgold #Ripple #stablecoins #mainnet #TVL #yieldproducts #launch #investment #institutional #BTC #XRP