Is Uniswap conducting a fundraiser of in excess of $ one hundred million?
According to sources, Uniswap Labs – the mother or father business of DEX Uniswap – is negotiating to carry out a new funding round. Is Uniswap conducting a fun...
According to sources, Uniswap Labs – the mother or father business of DEX Uniswap – is negotiating to carry out a new funding round.
To observe TechCrunch, Uniswap Labs is negotiating with traders to carry out a $ one hundred million to $ 200 million stock run, with a valuation of somewhere around $ one billion. VC money interested in this funding round consist of Polychain and a very well-regarded investment fund in Singapore.
According to sources, the round of negotiations has not however reached its ultimate stage, so the terms are topic to adjust. Therefore, the principal quantity is also uncertain.
This new funding round will serve to finance Uniswap’s ambitious growth system. As reported by Coinlive, in latest months Uniswap has moved to increase into the NFT section by obtaining the Genie marketplace and trading with seven NFT lending platforms.
More importantly, just after the community’s voting rounds, Uniswap Foundation was born in August 2022 with a price range of 74 million bucks. Including $ 60 million for the growth plan and $ 14 million to cover working prices.
“Speak and do,” the very first grant from the Uniswap Foundation in September awarded 14 tasks to support produce the ecosystem at the business degree.
UNI’s cost reacted fairly positively to this information, at this time trading about USD six.six.
Synthetic currency 68
Maybe you are interested:
More From Crypto News
Why Is Algorand (ALGO) Price Down Today? Key Factors
Algorand (ALGO) is trading at $0.099536 on October 29, 2026, down 3.88% over the past 24 hours, slipping below the psychologically significant $0.10 level as se...
South Korean Regulators Inspect Bithumb After Employee Data Exposure Signs
Bithumb disclosed signs pointing to a possible exposure of employee data, prompting regulators to move to direct on-site review, per CryptoSlate reporting .
Sports Made Up 98.2% of Polymarket US Turnover in 30 Days: DeFi Rate
Sports contracts accounted for 98. 2% of Polymarket US turnover over a 30-day window, according to DeFi Rate.
Coinbase Denies Breach After Amplitude Incident Exposes Customer Data
Coinbase has denied that its own systems were breached after a security incident at third-party analytics provider Amplitude exposed customer data linked to the...
Polymarket Updates 5-Minute Bitcoin Contract Pricing
Polymarket is pricing its five-minute Bitcoin contracts using a 60-second average rather than a single point-in-time snapshot, according to the platform’s publi...
Intel, Oracle and IBM Object to OKX–ICE Tokenized Stock Plans
Intel, Oracle, IBM and IonQ have formally objected to the OKX–ICE tokenized stock plans, according to an October 26 public notice published by OKXICE — the join...
