Coinbase Ventures just dropped some serious cash into the RWA credit protocol Multipli through the Base ecosystem fund, but the amount is still under wraps.
This is a strategic boost—Multipli recently wrapped up a $20 million round led by Pantera, with Spartan and Sequoia jumping in as well, making for quite the lineup. Coinbase stepping in feels like they're officially bringing Multipli into the Base ecosystem.
What’s interesting is Multipli’s positioning: they’re not just about tokenizing assets, but using RWA like gold, stocks, and stablecoins as collateral to offer users low-cost credit lines while stacking on yield layers. In simple terms, they’re aiming to be the foundational pipeline for "lending + earning" in the RWA space.
Base is clearly doubling down in the RWA lane. When top-tier VCs start to pile into the same protocol, it usually signals that more product launches are on the horizon.
#RWA #CoinbaseVentures #Base
This is a strategic boost—Multipli recently wrapped up a $20 million round led by Pantera, with Spartan and Sequoia jumping in as well, making for quite the lineup. Coinbase stepping in feels like they're officially bringing Multipli into the Base ecosystem.
What’s interesting is Multipli’s positioning: they’re not just about tokenizing assets, but using RWA like gold, stocks, and stablecoins as collateral to offer users low-cost credit lines while stacking on yield layers. In simple terms, they’re aiming to be the foundational pipeline for "lending + earning" in the RWA space.
Base is clearly doubling down in the RWA lane. When top-tier VCs start to pile into the same protocol, it usually signals that more product launches are on the horizon.
#RWA #CoinbaseVentures #Base