Valour, a Zurich-based exchange-traded merchandise (ETP) issuer, introduced the launch of a completely backed funding product to extend publicity to Uniswap decentralized alternate’s native token, UNI.

The UNI token serves because the underlying asset inside the Valour Uniswap ETP providing obtainable as a completely backed passive funding product. The Uniswap ETP was launched on a European inventory alternate named Boerse Frankfurt Zertifikate AG, the Frankfurt Inventory Alternate co-owner.

Valour CEO Diana Biggs highlighted the inaccessibility of blockchain-based funding merchandise on conventional markets and inventory exchanges. Talking about Valour Uniswap ETP’s place in making decentralized finance investments obtainable through mainstream funding channels, she stated:

“Uniswap ETP will present traders with the chance to realize publicity to areas of innovation, particularly to decentralized finance.”

As of Monday, Valour’s belongings underneath administration choices grew over 3,000% in 2021, surpassing $290 million from buying and selling on conventional inventory exchanges. The Uniswap protocol has handed $500 billion in complete buying and selling quantity since November 2018.

Arbitrum extends lead over Optimism as Uniswap posts report quantity on L2

A Cointelegraph report from Oct. 19 credit Uniswap’s layer-two volumes surge to excessive transaction charges on the Ethereumblockchain.

Hayden Adams, founding father of Uniswap, estimated that Uniswap v3 processed every day volumes price $115 million throughout the Arbitrum and Optimism good contract networks.

Uniswap v3 on layer 2 (arb + OE) doing an all time-time excessive of $115m quantity!!

2⃣ L2 season is right here 🙂

— hayden.eth (@haydenzadams) October 18, 2021

According to crypto market knowledge supplier Nomics, Uniswap v3 drove $80 million in quantity on Arbitrum and roughly $14 million on Optimism throughout that timeframe.