TechCrunch has launched data stating that the dad or mum firm of the Uniswap DEX, Uniswap Labs, is making ready for a brand new $100 million funding spherical to increase its providing.
“Uniswap Labs is in early levels of placing collectively a brand new spherical…because the dad or mum agency of the favored eponymous decentralized protocol gears as much as broaden its choices.”
The tech information outlet couldn’t cite sources for the data however claimed that “4 sources accustomed to the matter” have confirmed the report. Watcher Guru on Twitter additionally speculated that the spherical would probably worth the corporate at $1 billion.
JUST IN: Uniswap Labs to lift fairness at a $1,000,000,000 valuation.
— Watcher.Guru (@WatcherGuru) September 30, 2022
Ethereum founder Vitalik Buterin additionally commented on the energy of the Uniswap platform, arguing that its worth proposition permits for trades to be accomplished in 30 seconds. The remark was made a few put up selling the long run recognition of app chains and the “inevitability of UNIchain.”
I’ve a tough time believing this argument.
Uniswap’s essential worth proposition is you can simply go and get a commerce finished in 30 seconds with out eager about it. A uniswap chain and even rollup is senseless in that context. A duplicate of uniswap on each rollup does.
— vitalik.eth (@VitalikButerin) September 30, 2022
Uniswap Labs are but to remark publicly on the matter.
The UNI token is buying and selling up 2.3% on the day following the information after being up 7.5% in early morning buying and selling. The token is down 66% for the reason that begin of the yr however down solely 9% in opposition to Bitcoin over the identical interval.
CryptoSlate has reached out to the Uniswap crew for remark however has but to reply instantly.
