CoinVoice has learned that, according to Chainwire, the real-time yield protocol Multipli has announced the completion of $5 million in new funding, bringing its total funding to $21.5 million. This funding includes a strategic reallocation of $16.5 million from Brine Fi, which was previously invested by the team.
This financing will accelerate Multipli's expansion of institutional-grade yield products for native crypto assets such as Bitcoin and tokenized gold. Multipli is described as a real-time yield protocol that unlocks exceptional risk-adjusted returns for assets that typically do not generate yield, including Bitcoin, tokenized gold, Ripple, and stablecoins.
With support from Pantera, Sequoia Capital, and Elevation Capital, the platform raised $21.5 million within weeks of its mainnet launch, achieving a total locked value (TVL) of $95 million. [Original link]
