Uniswap, the decentralized finance protocol used to buy, sell or exchange cryptocurrencies, announced that it has acquired NFT platform Genie.
Cryptocurrency Exchange Uniswap Acquires NFT Platform Genie. The leading altcoin Ethereum-based cryptocurrency exchange made an important statement today. Announcing that it has acquired the NFT collection platform Genie, Uniswap will thus expand its product range from ERC-20 tokens to NFTs. In addition to the expansion, which is expected to be completed in the autumn, the company will have the opportunity to buy and sell NFTs in all major markets via the web application.
Making a statement on the subject, Uniswap stated that they were excited about the acquisition and gave the following statements:
“As the world's largest decentralized exchange protocol, Uniswap is a simple and reliable place to access the benefits of digital ownership. Uniswap offers deeper liquidity than leading centralized exchanges. We're excited to bring more people access to digital ownership and value by bringing what we've learned from building DeFi products to NFTs."
Source: NFXHABER