Posts

Showing posts with the label market uniswap

Uniswap seeks $100-$200M in funding at $1B valuation

Image
A host of companies have been expanding their reigns in the crypto-verse of late. Right from offering new products to acquiring funding and branching out—different organizations have been treading on different paths with the same goal. In the latest development, Uniswap plans to expand its already existing reigns. Per a recent report from TechCrunch, Uniswap Labs is in the “early stages” of putting together a new funding round. It is reportedly engaging with a number of investors—including Polychain and one of Singapore’s sovereign funds—to raise an equity round of $100 million to $200 million at a valuation of about $1 billion. JUST IN: Uniswap Labs to raise equity at a $1,000,000,000 valuation. — Watcher.Guru (@WatcherGuru) September 30, 2022 According to TechCrunch’s unnamed sources, the deliberations of the round haven’t reached the final stages . As a result, the terms of the deal may change going forward. In Augu...