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

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.