DUBAI, United Arab Emirates, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Multipli, an RWA yield and collateralization infrastructure protocol backed by Pantera Capital, Spartan Group and Coinbase Ventures, announced that its $MULT community sale on Sonar by Coinbase was oversubscribed by more than 1.6x.
The sale received approximately $1.65 million in total commitments against a target raise of about $1 million. Demand built quickly after launch, with the sale reaching around 100% of its total allocation within the first few days.
The round was conducted at a $250 million valuation and even gave eligible community members the opportunity to participate in the $MULT sale at a discount through Sonar, Echo’s public token sale infrastructure which was recently acquired by Coinbase.
Multipli has also continued to scale its broader protocol footprint, with current total value locked of approximately $520 million. The figure adds further context to the community sale demand, as Multipli continues to build around one of crypto’s fastest-growing categories: real-world asset collateralization.
Multipli is building infrastructure for yield and collateralization around tokenized real-world assets. Through rwaUSD, its credit-backed stablecoin, the protocol enables users to borrow against tokenized assets such as gold, stocks and S&P 500 exposure, helping unlock onchain liquidity without requiring users to sell the underlying assets.
Rather than leaving tokenized assets idle, Multipli is designed to make them more usable across DeFi by turning eligible real-world asset exposure into borrowable, yield-generating collateral through a standardized and risk-managed framework.
“We are humbled by the response to the $MULT community sale,” said Nakul Gupta, Head of Business of Multipli. “The sale being oversubscribed by more than 1.6x comes at a time when digital assets are gaining serious regulatory and institutional attention, especially with the CLARITY Act conversation in the US. The signal is clear: the next phase of crypto will be built around real use cases, transparent infrastructure and assets that can stand up to scrutiny. Tokenized assets need to be more than onchain representations; they need to be productive, liquid and useful. That is what Multipli is building.”
The oversubscription reflects growing interest in protocols building at the intersection of real-world assets, stablecoins, credit and DeFi infrastructure. For Multipli, the community sale marks another step in bringing broader participation into its ecosystem as it continues building infrastructure for tokenized asset collateralization.
About Multipli
Multipli is RWA yield and collateralization infrastructure. It lets users borrow against tokenized real-world assets, including gold, stocks and the S&P 500, to unlock on-chain liquidity and yield without selling what they own, through rwaUSD, a credit-backed stablecoin. Multipli is backed by Pantera Capital, Sequoia Capital and Coinbase Ventures.
Media Contact:
Company Name: Multipli
Contact Person: Akhil Sahu
Email: akhilendratnt@gmail.com
Website: Multipli.fi
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