Uniswap Labs Acquires NFT Startup Genie

The company behind Ethereum's popular DeFi trading hub plans to support the buying and selling of NFTs.

AccessTimeIconJun 21, 2022 at 6:25 p.m. UTC
Updated Jun 21, 2022 at 6:44 p.m. UTC

Danny is CoinDesk's deputy business editor. He owns BTC, ETH and SOL.

Uniswap Labs said Tuesday it has acquired NFT marketplace aggregator Genie in a push to support trading of non-fungible tokens "soon."

The terms of the deal weren't disclosed, and neither was the fate of the Genie team. A representative didn't immediately return a request for comment.

"NFTs will be integrated into our products, starting with the Uniswap web app, where soon you'll be able to buy and sell NFTs across all major marketplaces. We'll also integrate NFTs into our developer APIs and widgets, making Uniswap a comprehensive platform for users and builders in web3," a blog post said, referring to application programming interfaces.

Notably, Uniswap Labs plans to conduct a 12-month USDC airdrop for "historical Genie users."

This story is developing and will be updated.

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Danny is CoinDesk's deputy business editor. He owns BTC, ETH and SOL.

CoinDesk - Unknown

Danny is CoinDesk's deputy business editor. He owns BTC, ETH and SOL.

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