Sources: Uniswap plans to raise $100 million to $200 million at a valuation of about $1 billion

According to Chain Catcher news, as reported by Tech Crunch citing four informed sources, Uniswap Labs is in talks with investors including Polychain and a Singapore sovereign fund, planning to raise between $100 million to $200 million at a valuation of about $1 billion.

The sources said that the discussions are not yet in the final stages, so the terms of the agreement may change. Uniswap Labs declined to comment, and Polychain did not respond to a request for comment on Thursday. Additionally, the new funding plan indicates that Uniswap intends to expand its products. (source link)