UniSwap Labs Eyes Unicorn Status With $200M Funding

Uniswap Labs, a DeFi firm that contributes to the Uniswap (CRYPTO: UNI) protocol, is in discussions with several investors to fund an equity round of $100 million to $200 million in a bid to diversify its offerings and develop its decentralized finance capabilities Uniswap Labs is collaborating with investors including Polychain and one of Singapore’s sovereign funds as part of the future investment round, at a valuation of $1 billion, TechCrunch reported. The report stated the terms of the agreement might alter because the talks of the round have not been finalized as yet.