{"id":164630,"date":"2022-09-30T13:37:49","date_gmt":"2022-09-30T13:37:49","guid":{"rendered":"https:\/\/precoinnews.com\/?p=164630"},"modified":"2022-09-30T13:37:49","modified_gmt":"2022-09-30T13:37:49","slug":"dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report\/","title":{"rendered":"DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report"},"content":{"rendered":"<p>Major decentralized exchange (DEX) Uniswap (UNI) is in the early stages of raising significant funds to further expand its decentralized finance (DeFi) offerings, according to a new report.<\/p>\n<p>Uniswap Labs, a DeFi startup contributing to the Uniswap Protocol, is engaging with a number of investors to raise an equity round of $100 million to $200 million, TechCrunch reported on Sept. 30.<\/p>\n<p>The startup is working with investors like Polychain and one of Singapore\u2019s sovereign funds as part of the upcoming funding round, the report notes, citing two anonymous people familiar with the matter. According to the report, Uniswap would be valued at $1 billion, but the terms of the deal are subject to changes as the discussions around the round have not been finalized.<\/p>\n<p>The new funding reportedly aims to bring more DeFi tools and nonfungible token (NFT) offerings to Uniswap. At the time of writing, Uniswap\u2019s daily trading volumes amounted to $1.1 billion, or about 57% of all trading across global DEXs, according to data from DefiLlama. By comparison, Curve, the second-largest DEX after Uniswap by volumes, has about $205 million in daily volumes.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-09\/17006fa0-e401-49b1-95a6-e5474bd7d35c.png\"><\/p>\n<p>\u201cOur mission is to unlock universal ownership and exchange,\u201d Uniswap Labs chief operating office Mary-Catherine Lader reportedly said. \u201cIf you can embed the ability to swap value and have people join the community and exchange value with your project, or your company or organization \u2014 that\u2019s a powerful way to allow more people to engage in this ownership,\u201d she added.<\/p>\n<p>Uniswap Labs did not immediately respond to Cointelegraph\u2019s request for comment.<\/p>\n<p>As previously reported by Cointelegraph, Uniswap has been in talks with multiple NFT lending protocols, targeting ambitious plans to tackle liquidity issues and the \u201cinformation asymmetry\u201d around NFTs. The Ethereum-based DEX has experienced a growing trend despite the bear market this year.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Pantera plans to raise $1.25B for second blockchain fund: Report<\/em><\/strong><\/p>\n<p>Launched in 2018, \u200b\u200bUniswap completed its first-ever funding round from the American crypto-focused investment firm Paradigm in 2019. The company also closed a Series A funding round led by Andreessen Horowitz in 2020, with additional investments from firms like Paradigm, USV, Version One, Variant, Parafi Capital and others.<\/p>\n<p>Source: <a href=\"https:\/\/cointelegraph.com\/news\/dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major decentralized exchange (DEX) Uniswap (UNI) is<\/p>\n","protected":false},"author":3,"featured_media":164629,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Major decentralized exchange (DEX) Uniswap (UNI) is\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-30T13:37:49+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2022\/09\/DEX-dev-Uniswap-Labs-looks-for-new-funding-at-unicorn-valuation-Report.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report\/\",\"name\":\"DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report - Pre Coin News\",\"isPartOf\":{\"@id\":\"https:\/\/precoinnews.com\/#website\"},\"datePublished\":\"2022-09-30T13:37:49+00:00\",\"dateModified\":\"2022-09-30T13:37:49+00:00\",\"author\":{\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/precoinnews.com\/crypto\/dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/precoinnews.com\/crypto\/dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/precoinnews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto\",\"item\":\"https:\/\/precoinnews.com\/category\/crypto\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/precoinnews.com\/#website\",\"url\":\"https:\/\/precoinnews.com\/\",\"name\":\"Pre Coin News\",\"description\":\"precoinnews.com\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/precoinnews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report - Pre Coin News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/precoinnews.com\/crypto\/dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report\/","og_locale":"en_US","og_type":"article","og_title":"DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report - Pre Coin News","og_description":"Major decentralized exchange (DEX) Uniswap (UNI) is","og_url":"https:\/\/precoinnews.com\/crypto\/dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report\/","og_site_name":"Pre Coin News","article_published_time":"2022-09-30T13:37:49+00:00","author":"mediabest","twitter_card":"summary_large_image","twitter_image":"https:\/\/precoinnews.com\/wp-content\/uploads\/2022\/09\/DEX-dev-Uniswap-Labs-looks-for-new-funding-at-unicorn-valuation-Report.jpg","twitter_misc":{"Written by":"mediabest","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/precoinnews.com\/crypto\/dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report\/","url":"https:\/\/precoinnews.com\/crypto\/dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report\/","name":"DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report - Pre Coin News","isPartOf":{"@id":"https:\/\/precoinnews.com\/#website"},"datePublished":"2022-09-30T13:37:49+00:00","dateModified":"2022-09-30T13:37:49+00:00","author":{"@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/precoinnews.com\/crypto\/dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/precoinnews.com\/crypto\/dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/precoinnews.com\/crypto\/dex-dev-uniswap-labs-looks-for-new-funding-at-unicorn-valuation-report\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/precoinnews.com\/"},{"@type":"ListItem","position":2,"name":"Crypto","item":"https:\/\/precoinnews.com\/category\/crypto\/"},{"@type":"ListItem","position":3,"name":"DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report"}]},{"@type":"WebSite","@id":"https:\/\/precoinnews.com\/#website","url":"https:\/\/precoinnews.com\/","name":"Pre Coin News","description":"precoinnews.com","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/precoinnews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/164630"}],"collection":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/comments?post=164630"}],"version-history":[{"count":0,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/164630\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media\/164629"}],"wp:attachment":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media?parent=164630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/categories?post=164630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/tags?post=164630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}