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Valour Uniswap exchange-traded product to increase UNI exposure

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.

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.

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