Uniswap Labs raises $165M as attention shifts to NFTs, Web3

Uniswap Labs raises $165M as attention shifts to NFTs, Web3

The decentralized exchange has supported $1.2 trillion in cumulative trading volume since its inception, according to founder and CEO Hayden Adams. Decentralized exchange Uniswap Labs has raised $165 million in a Series B funding round that had participation from some of blockchain's biggest venture firms, putting the company on track to expand into other crypto-focused domains. The funding round was led by Polychain Capital with additiona participation from several existing investors, including Andreessen Horowitz, Paradigm, Variant and SV Angel. The funding round confirms earlier....


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Uniswap’s $165 Million Series B Capital Raise One of the Largest by a Crypto ...

Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital raise, which sees Uniswap Labs’ valuation rise to $1.66 billion, is the largest by any crypto firm in 2022. Uniswap Completes $165M Capital Raise, Decentralized Exchange Reveals NFT Launch Uniswap Labs, the creator of the decentralized exchange (dex) Uniswap protocol, recently said it had raised $165 million via a Series B funding round. The funding round was led by Polychain Capital with the....

Uniswap Labs Raises $165 Million, Exceeds $1.2 T In Trading Volume

The company behind the development of the Ethereum-based decentralized exchange, Uniswap Labs, recently announced the successful completion of a Series B. The funding round managed to raise $165 million to expand the adoption of the protocol and “bring Web3 to everyone”. Related Reading: CoinCorner Sets Up Shop In El Salvador, Offers Bitcoin And Lightning Services […]

Former president of the New York Stock Exchange joins Uniswap Labs as an advisor

Uniswap said it is betting on her experience with TradFi translating over to DeFi to further help them evolve their place in Web3. On Wednesday, Uniswap announced that former New York Stock Exchange president Stacey Cunningham will join the company as an advisor.Cunningham served as the first female president of the New York Stock Exchange after beginning her career as a trader on its floor. She said in a statement that she believes in the potential of Uniswap’s commitment to fairer markets.Uniswap is betting on her experience with TradFi translating over to DeFi to further help them....

Uniswap Launches Swap Widget — Devs Can Embed the Dex With ‘One Line of Code’

On Thursday, Uniswap Labs, the company behind the popular decentralized finance (defi) protocol, Uniswap, launched a tool called the Swap Widget. Essentially, the widget allows developers and decentralized app (dapp) operators to embed the Uniswap decentralized exchange (dex) app with “one line of code.” Software Engineers Can Now Embed Uniswap Swapping Functionality Into Web3 Dapps One of the largest dex applications in terms of trade volume, Uniswap, announced the launch of a new widget tool that gives dapp operators the ability to integrate Uniswap into their....

Web3 gaming still a long way from mainstream adoption: Survey

In a survey commissioned by Coda Labs, 6,921 people from five countries were asked a series of questions to determine their perception of crypto, NFTs, and Web3 gaming. A new survey commissioned by blockchain entertainment provider Coda Labs suggests that despite the huge amount of money being poured into Web3 gaming, traditional gamers are still yet to warm up to crypto or NFTs and have little interest in Web3 games. According to the survey, gamers pointed to practical barriers as their main reason for shying away from Web3 games, with gamers often not knowing how they might work and....