Uniswap in Discussion with Fintech Giants to Bring DeFi to the Mainstream

2021-7-30 17:47

Leading decentralized exchange (DEX) by volume Uniswap is having discussions with fintech companies to provide DeFi services to the mainstream.

“We’re trying to put Uniswap and the rest of DeFi right there in those applications so that we can bring the dream of open, 100% uptime liquidity to the whole world,” said Uniswap’s growth lead Ashleigh Schap, in a now-deleted YouTube video from the EthCC conference that was held in Paris last week.

Schap named PayPal, E*Trade, and Stripe that wants to talk to them.

Uniswap founder Hayden Adams took to Twitter to clarify that they are not partnered with these companies but are talking to “a ton of finance/tech companies,” as many companies interested in understanding DeFi are reaching out to them.

As for deleting the video, Adams said it was done so on their request because “we thought (it) could be interpreted to suggest we have relationships that we don't.”

According to the presentation at the EthCC conference, Uniswap is looking to work with intermediaries like Paxos, which powers PayPal’s crypto service, crypto custody firm Paxos, and Talos to build the bridge between DeFi and consumer finance.

As we have seen throughout this year, traditional finance is coming into the crypto market in a herd and as Schapp said at the conference, pitching Uniswap isn’t that hard as it was years ago, as these big firms have now become less resistant to DeFi. However, they have concerns with blockchain technology.

“To stay relevant with their user base is a huge, huge reason that all of these giants are starting to really look closely at working with something like Uniswap.”

Schap also mentioned speaking with Robinhood regarding using Uniswap to automatically settle a trade right when it happens with the user.

The zero-fee trading app has been particularly focused on cryptocurrencies, as revealed by Robinhood during its IPO roadshow over the weekend. This makes sense given that over one-fifth of their revenue comes from crypto, and one-third of that is from Dogecoin (DOGE) alone.

During this recent event, CFO Jason Warnick talked about hiring a new dedicated CFO for its crypto unit and introducing a number of new features, including a new wallet, staking, debit rewards, and a lending product.

“On the spending side there is more we can do with direct deposit and debit cards, particularly giving the opportunity to connect rewards with our brokerage and crypto offerings,” Warnick added, “In crypto, we are making a lot of investments in things we know our customers want, such as wallets, lending, and staking.”

Uniswap/USD UNIUSD 20.4209 $1.65 8.10% Volume 439.48 m Change $1.65 Open$20.4209 Circulating 587.37 m Market Cap 11.99 b baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[scripts.length - 1]; var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}}; (function () { var appName = encodeURIComponent(window.location.hostname); if (appName == "") { appName = "local"; } var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=UNI&tsym=USD'; s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); var single_widget_subscription = single_widget_subscription || []; single_widget_subscription.push("5~CCCAGG~UNI~USD"); The post Uniswap in Discussion with Fintech Giants to Bring DeFi to the Mainstream first appeared on BitcoinExchangeGuide.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Time New Bank (TNB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.01 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0020147 (-100%)

robinhood new crypto conference itself focused considering

robinhood new → Результатов: 95


Фото:

New York Financial Watchdog Grants BitLicense to Robinhood Crypto-Exchange and LibertyX

Robinhood Markets Inc. ,  a U. S. -based financial services firm that claims to offer clients no-fee stocks and cryptocurrency trading and LibertyX,  a platform that makes it easy for people to buy bitcoin with cash via its Bitcoin ATMs, have both been granted the BitLicense by the New York Department of Financial Services (DFS),  according to a … Continue reading "New York Financial Watchdog Grants BitLicense to Robinhood Crypto-Exchange and LibertyX"Read More.

2019-1-26 22:00


Стартапы Robinhood и LibertyX получили лицензию нью-йоркского регулятора

Разработчик мобильного сервиса для продажи и покупки активов Robinhood и поставщик услуг по обмену цифровых денег LibertyX получили лицензию BitLicense. С наличием этой лицензии компании могут официально вести связанную с криптовалютами деятельность на территории штата Нью-Йорк.

2019-1-25 12:47


Фото:

Компании Robinhood и LibertyX получили битлицензии от NYDFS

Департамент финансовых услуг штата Нью-Йорк (NYDFS) выдал так называемую битлицензию компании Robinhood, являющейся оператором одноименного приложения для торговли криптовалютами, и оператору биткоин-банкоматов LibertyX.

2019-1-25 22:29


Robinhood и LibertyX получили BitLicense штата Нью-Йорк

Управление финансовых услуг Нью-Йорка (NYDFS) выдало еще две лицензии на работу с виртуальными валютами — финтех-стартапу Robinhood и оператору биткоин-банкоматов LibertyX. При этом первый получил еще и лицензию на осуществление денежных переводов.

2019-1-25 20:44


Robinhood Crypto Trading App Prepares To Expand With UK Launch And London Office

The US-based stock and cryptocurrency investment platform Robinhood is getting prepared to reach a new market in Europe. In a recent report uploaded by TechCrunch, the zero-fee crypto exchange is recruiting new individuals and experts for its new office in London as it seems that the company wants to enter the United Kingdom market. TechCrunch […]

2019-1-9 13:25


Онлайн-брокер Robinhood запускает банковские услуги

Американский финтех-стартап Robinhood, разработавший мобильное приложение для торговли акциями и криптовалютами запускает банковские услуги. Клиенты Robinhood теперь могут открыть расчетные или сберегательные счета под 3% годовых, сообщает компания на официальном сайте.

2018-12-14 14:50


Фото:

Robinhood Prepares for IPO, Currently Looking for a CFO

Robinhood, an investment and trading mobile application that is currently valued at $5.6 billion, is looking to go for an initial public offering (IPO). Although the mobile app was relatively new and unknown in 2017, its ability to enable investments in publicly traded companies, cryptocurrencies and exchange traded funds (ETFs) on US stock exchanges without […] Robinhood Prepares for IPO, Currently Looking for a CFO was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-9-11 17:29


Crypto Power To The People: Lionsgate Robin Hood Movie & Robinhood App’s Comic-Con Scavenger Hunt

Robin Hood Movie and Crypto App Organize Promotional $50K Crypto Scavenger Hunt At Comic-Con More and more companies are adhering to the cryptos. This time, Lionsgate, the studio behind the new Robin Hood film and Robinhood app have teamed up in an effort to give away $50,000 USD in cryptocurrencies on a promotional game, a […]

2018-7-18 20:23


Фото:

Robinhood New Crypto Offerings, Adds Bitcoin Cash & Litecoin

To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. To avoid personalized advertising

2018-7-13 00:33


Robinhood Crypto Adds Two New Altcoins, Plans to Expand on Offerings

The California-based broker burst into the crypto scene in January, and has since set plans in place to help expand their influence in this industry, with these additions being no exception. Commission-Free Litecoin and Bitcoin Cash Trading Staying in line with its namesake, Robinhood has just announced support for commission-free Litecoin and Bitcoin Cash trading.

2018-7-13 21:00