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Uniswap Token Rallies After Being Added to Robinhood’s Crypto Trading Menu
Offering UNI sent the token higher Thursday afternoon.
Updated May 11, 2023, 5:42 p.m. Published Jul 14, 2022, 6:17 p.m.
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Uniswap's UNI surged nearly 20% in the latest 24-hour period after broker Robinhood Markets (HOOD) added the token to its crypto trading platform.
- The decentralized exchange's ERC-20 token boasts a market capitalization of about $4.7 billion, and had about $394 million in trading volume.
- Robinhood made the announcement in a Twitter post Thursday. The platform now offers users a total of 13 crypto assets.
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South Korea’s Hanwha makes a $13 million bet on ‘seedless’ crypto wallets
The South Korean financial firm backs the U.S.-based blockchain company to accelerate enterprise wallet technology and real-world asset tokenization.
What to know:
- Kresus has secured roughly $13 million (KRW 18 billion) from Hanwha Investment & Securities.
- The funding will support enterprise wallet infrastructure and real-world asset (RWA) tokenization platforms.
- The deal signals continued institutional investment in blockchain infrastructure despite uneven crypto markets.
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