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Is Now the Time to Buy Uniswap?

Is Now the Time to Buy Uniswap?

Uniswap (CRYPTO: UNI), the No. 17 cryptocurrency in the world by market capitalization, is up more than 6% over the past week. Much of that boost appears to be coming from reports that Uniswap Labs, the creator of the Uniswap protocol, is getting closer to landing a monster $100 million funding round that would value the company at $1 billion. With this additional funding from Polychain Capital and a Singapore-based sovereign wealth fund, Uniswap Labs would be in a good position to build out the product offerings of Uniswap and further cement its role as the biggest decentralized exchange (DEX) in the world.