Uniswap Labs also plans to launch non-fungible tokens (NFTs) and to move into mobile. NFTs DecentralizedExchange DEXplatforms
Uniswap's $165 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022
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 Labs, the creator of the decentralized exchange Uniswap protocol, recently said it had raised $165 million via a Series B funding round.
Also, in the blog post, Adams highlights his firm’s unique approach and how this makes Uniswap good at what it does. He said: As Uniswap Labs focuses on products, a much broader ecosystem continues to grow and thrive beyond what any one company can do on their own. As an example, the governance community recently voted to create the Uniswap Foundation, which will contribute to the Protocol’s decentralized development and give at least $60 million in grants to community projects over the next few years., the capital raise saw Uniswap’s valuation rise to $1.
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