Decentralized Exchange (DEX) Uniswap Receives $165M Investment: Reaches $1.66B Valuation

Decentralized exchange (DEX) Uniswap closed its Series B funding round with a $165 million investment as a result of seeking a second round of funding.

Uniswap According to a blog post shared on its official website, the search for second round financing has been positive. In a funding round that aims to bring Uniswap to even more people around the world worth 165 million investment collected. Series B funding round, a16z crypto, paradigm, SV Angel and Variantwith the participation of Polychain Capital carried out under his leadership.

In a blog post on the Uniswap website CEO Hayden Adams The following statements were made by:

Now Uniswap Labs is preparing to bring the powerful simplicity and security that defines the Uniswap Protocol to even more people around the world.

Currently, with Uniswap’s funding round completed 1.66 billion dollarshas a valuation. Uniswap launched in 2018 $11 million in first funding round in 2020 had collected. DEX to date $1.2 trillion hosted transaction volume.

source site-9