Capitalize Financial
No Result
View All Result
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Real Estate
  • Cryptocurrency
Capitalize Financial
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Real Estate
  • Cryptocurrency
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Cryptocurrency

Silicon Valley bets on crypto projects to disrupt finance

by capitalizefinancial
June 3, 2021
in Cryptocurrency
0
Silicon Valley bets on crypto projects to disrupt finance

Uniswap is not even three years old, but it has already turned millions of dollars into billions for venture capitalists who bet on a new kind of cryptocurrency exchange.

Instead of acting as a traditional broker, Uniswap is an automated software program that allows users to trade cryptocurrencies directly with each other, without any intermediary.

Last year venture capitalists who had invested a total of $12.8m in the company behind the project received a sweetener: Uniswap began distributing 1bn digital tokens to users, giving investors 18 per cent of the total.

The tokens, which give holders voting rights in the project, have surged to a price of $28, rewarding the investors with a stake worth roughly $5bn were all the tokens issued. Uniswap has outlined a four-year vesting schedule for the tokens, which currently have a market capitalisation of about $16bn, according to CoinMarketCap data.

Uniswap has plenty of company. In the past year, the fastest-growing cryptocurrency start-ups have been those aiming to abolish financial intermediaries. They have also brought along a new crop of venture capitalists, producing returns that are the envy of more conservative peers.

CONTINUE

Previous Post

Angermayer, Novogratz Firm Eyeing $100M Investment in Crypto Funds

Next Post

United States/France: a new programme dedicated to the entertainment industry

Next Post
United States/France: a new programme dedicated to the entertainment industry

United States/France: a new programme dedicated to the entertainment industry

Search…

No Result
View All Result

Subscribe Us

By clicking on Subscribe, I confirm that I have read and agree to the terms set forth in the Privacy Policy and Terms of Service including Capitalize Financial’s ability to use and share my information and Capitalize Financial, or third-party companies and business partners, may send me offers for products and services at the email address I have provided. I understand that my information may be supplemented with additional information obtained from other sources.

Recent News

Canada bans China’s Huawei Technologies from 5G networks

Pentagon spokesman John Kirby moving to White House

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • Georgia
  • health
  • Markets
  • Music
  • Politics
  • Real Estate
  • receipe
  • Science
  • science
  • Sports
  • Sports
  • Tech
  • Travel
  • World

Site Navigation

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe

Capitalize Financial, a news portal which provides the financial news global wide.

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe

© 2021 Capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • World
  • Economy
  • Business
  • Markets
  • Real Estate

© 2021 Capitalize Financial All Rights Reserved