Uniswap Labs Forms Crypto Ventures Wing

2 years ago

The institution down Ethereum-based decentralized speech Uniswap has launched a task helping to put successful projects crossed Web3, Uniswap Labs announced Monday.

Strategy pb Matteo Leibowitz volition tally “Uniswap Labs Ventures,” alongside COO Mary-Catherine Lader,  Leibowitz said successful a tweet.

Uniswap has antecedently invested successful 11 crypto projects, including Aave, Compound Protocol and MakerDao. The task unit’s absorption volition scope “from infrastructure to developer tools and consumer-facing applications,” the blog station said.

Uniswap Lab Ventures continues the inclination of crypto companies investing successful Web3 entities different than themselves. In November, stablecoin issuer Circle launched Circle Ventures Fund, and successful January, crypto exchange FTX established FTX Ventures with a $2B fund.

The blog station did not disclose the magnitude of superior successful Uniswap’s task fund.

Lader did not instantly respond to CoinDesk.

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