Uniswap protocol raises $165 M
Uniswap, a trading platform, revealed that it has obtained $165 million in series B funding to increase transparency among more customers. Its objective is to make web3 accessible to all users.
Hayden Adams, CEO of Uniswap Labs, introduced security and simplicity to the company, which helped it gain popularity among a diverse group of market participants. Furthermore, to support this expansion, the platform received substantial funding, headed by Polychain Capital and from existing investors like as Paradigm, SV Angel, bitcoin, and Variant.
Crypto Trading plartforms
In 2018, Hayden Adams created the Uniswap Protocol, which has now facilitated $1.2 trillion in trading and has become popular in public infrastructure for swapping digital assets. Uniswap Labs will now focus on creating simpler and safer versions of web3 to deal with crypto and other decentralized products. Meanwhile, they are working to expand the Uniswap ecosystem.
In one of its Twitter messages, the company expressed gratitude to all of its investors, users, team, and community. Uniswap is a user-friendly online App that combines research, trade, and data infrastructure into a single interface.