Uniswap Labs Forms Crypto Ventures Wing

Uniswap Labs Ventures is the latest example of crypto companies investing beyond their core business.

AccessTimeIconApr 11, 2022 at 9:46 p.m. UTC
Updated May 9, 2023 at 3:42 a.m. UTC
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The company behind Ethereum-based decentralized exchange Uniswap has launched a venture wing to invest in projects across Web 3, Uniswap Labs said in a blog post Monday.

Strategy lead Matteo Leibowitz will run Uniswap Labs Ventures with Chief Operating Officer Mary-Catherine Lader, Leibowitz said in the post.

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  • Uniswap has previously invested in 11 crypto projects, including Aave, Compound Protocol and MakerDAO. The venture unit’s focus will range “from infrastructure to developer tools and consumer-facing applications,” the blog post said.

    Uniswap Lab Ventures continues the trend of crypto companies investing in Web 3 entities other than themselves. In November, stablecoin issuer Circle launched Circle Ventures Fund, and in January the crypto exchange FTX established FTX Ventures with a $2 billion fund.

    The blog post did not disclose the amount of capital in Uniswap’s venture fund.

    Lader did not immediately respond to a CoinDesk request for comment.

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    Cam Thompson

    Cam Thompson was a news reporter at CoinDesk.


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