Uniswap needs $100 million to expand its services.

By abbasanwarinfo Last updated Oct 1, 2022

Polyvalent NFT-trading capabilities are among the new products that could be added as a result of the Uniswap funding.
Uniswap Labs hoped to raise at least $100 million in funding for a potential million-dollar valuation. According to four reliable sources, the creator of the Uniswap protocol wishes to broaden his service offering as a result of the anticipated capital costs.

Despite the fact that the development is still subject to change, internal sources confirm that at least two investors are interested in funding Uniswap. It’s from the American investment company Polychain Capital and one of the sovereign funds of Singapore.

Update on the financing of Uniswap

According to reports, the potential United States Wap fund levy aims to generate between $100 and $200 million in private capital.En outre, le tour de table potentiel d’un million de dollars de la société représente un plan ambitieux pour élargir ses offres aux clients. Among these projected offers, one figure represents the possibility for clients to exchange des jetons non fongibles (NFT) on Uniswap à partir d’un certain nombre de places de marché.

Furthermore, the primary decentralized exchange is attempting to incorporate a portfolio into its existing service offering. Preceding her comments on the Uniswap program, Mary-Catherine Lader, the company’s operations director, explained why the company wants to bring “plusieurs new products.”

“Notre mission est de débloquer la propriété et l’échange universel”. “Si vous pouvez intégrer la capacité d’échanger de la valeur et permettre aux gens de rejoindre la communauté et d’échanger de la valeur avec votre projet, votre entreprise ou votre organisation, c’est un moyen puissant de permettre à plus de gens de s’engager dans cette propriété.”

At the same time, M. Lader also mentioned the schéma sous-jacent plus large du Web3 et le potentiel qu’il offre aux acteurs de cet espace. As stated by the CEO of Uniswap:

“Web3 révolutionne la technologie financière et l’infrastructure financière en une seule entité. “Web3 permet à n’importe quelle application, à n’importe quel site Web, d’inventer de la valeur dans une économie numérique sans avoir à demander la permission ou to pay for this service.”

Actuellement, Uniswap représente une part écrasante de 64% de tous les volumes d’échanges décentralisés (DEX), selon DeFi Llama. In other words, this represents about two-thirds of the entire volume of the market DEX. En outre, UNI, le jeton de protocole de l’échange de crypto-monnaies, has a capitalisation boursière d’environ 5 milliards de dollars malgré la baisse du marché. At the peak of the haussier cycle in 2021, the United States’ bourse capitalisation had reached the impressive figure of $22.5 billion.

Uniswap

The last levy of Uniswap Series A funds is scheduled for August 2020. Among its current backers are Andreessen Horowitz (a16z) and Paradigm. Furthermore, the platform serves as a free and open-source protocol that developers can use and integrate into their platforms. This is done so that cryptocurrency users can exchange their tokens.

Uniswap is also the owner of the largest autonomous decentralized organization (DAO) in the cryptographic space.Selon DeepDAO, ce chiffre s’élève à environ 2,7 billion de dollars en value. Uniswap announced last month that it would be creating a foundation. This entity will be primarily responsible for promoting the decentralized exchange ecosystem.

In September, the first series of subventions from Uniswap est élevée to 1,8 million dollars.

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