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New Deal


Announced

Polychain Capital led a $165m Series B round in Uniswap Labs.

Financials

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Transaction Value£146m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Digital Services

Private

Completed

blockchain

Acquisition

Venture Capital

Friendly

Domestic

Minority

United States

Private Equity

crypto exchange

cryptocurrency

Synopsis

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Polychain Capital, a private equity firm, led a $165m Series B round in Uniswap Labs, a crypto exchange firm, with participation from a16z Crypto, Paradigm, SV Angel, and Variant. The new funding will be used to support the firm’s expansion plans. In addition to “bringing the powerful simplicity and security. Uniswap Labs plans to launch non-fungible tokens and to move into mobile.

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