Coinbase Ventures Backs RWA Tokenization Protocol Multipli in Undisclosed Deal
Real-world asset (RWA) tokenization protocol Multipli has secured an investment from Coinbase Ventures Base Ecosystem Fund, the company announced on June 18. The specific financial terms of the deal were not disclosed. Strategic Backing for RWA Infrastructure The investment signals continued institutional interest in bridging traditional financial assets with decentralized finance (DeFi) infrastructure. Multipli focuses on tokenizing tangible assets such as real estate, commodities, and invoices, making them tradeable on blockchain networks. The backing from Coinbase Ventures, through its fund dedicated to projects building on the Base layer-2 network, provides Multipli with both capital and strategic alignment with one of the largest cryptocurrency exchanges in the United States. Why This Matters for the RWA Sector The RWA tokenization market has grown rapidly in 2025, with protocols like Multipli competing for market share in a space projected to reach trillions of dollars in tokenized asset value over the next decade. Coinbase‘s support adds credibility to Multipli’s technology and its approach to compliance and asset custody. For the broader DeFi ecosystem, the investment suggests that major players see tokenized real-world assets as a key growth vector, potentially attracting more traditional finance participants to on-chain markets. Implications for Base Network Growth By investing in Multipli, Coinbase is also strengthening