Uniswap Just Raised $165 Million to Build NFT Aggregator

Colin Wu, Chinese crypto blogger and journalist, has shared the news that Uniswap Labs, the creator of the prominent decentralized exchange, has succeeded in raising a staggering $165 million in a Series B investment round. Among the investors was Polychain Capital, a16z crypto and other renowned companies. Presently, Uniswap has a valuation of nearly $1.7 billion. However, it is not making enough profits to sustain itself, so it has had to take to outside investment in order to expand the range of its products and improve its financial state in the coming years. In particular, it plans to create an NFT aggregator that will help it unlock interactions between tokens and non-fungible tokens. Uniswap announced its intention to raise funds from Polychain and other investors two weeks ago.https://u.today/uniswap-just-raised-165-million-to-build-nft-aggregator-heres-what-for

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