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Uniswap decentralized exchange attracted $ 165 million

Posted on October 25, 2022

Uniswap decentralized exchange attracted $ 165 million

The Uniswap Labs company, standing behind the Defi Protokol, attracted $ 165 million during the round of financing of the series in.

The round was headed by the venture company PolyChain Capital. The participants were current investors represented by Andreessen Horowitz, Paradigm, SV Angel and Variant.

“When I launched the Uniswap protocol in 2018, it was an experiment to see if I could create something that embodies all the values ​​of Ethereum: transparency, safety and accessibility. Since then it has developed What is TxID? and grew up as I could not imagine. Today, the volume of bidding in the protocol is $ 1.2 trillion and it has become an important public infrastructure for the exchange of digital assets, ”said the founder of the project Haiden Adams.

According to him, Uniswap Labs focuses on products that expand the ecosystem. This includes tools for developers, NFT launch, mobile applications and another.

Adams noted that the company with the approval of the community has launched the Uniswap Foundation Grants program for $ 60 million.

Recall that in September the media reported that Uniswap Labs is in the early stages of negotiations on attracting from $ 100 million to $ 200 million when estimated at ~ $ 1 billion.

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