Uniswap Labs and Fireblocks Partner To Bring DeFi to More Institutions

Twitter icon  •  Published 1주 전 on December 9, 2024  •  Hassan Maishera

On Friday, the Uniswap team announced via X that it has partnered with Fireblocks, a digital asset operations and payments platform trusted by 2,000 clients globally.

Uniswap Labs and Fireblocks Partner To Bring DeFi to More Institutions

On Friday, the Uniswap team announced via X that it has partnered with Fireblocks, a digital asset operations and payments platform trusted by 2,000 clients globally. Through Fireblocks, asset managers, hedge funds, and other financial firms can access Uniswap Protocol’s deep liquidity and competitive pricing directly from the Fireblocks platform.

With this collaboration, Fireblocks’ clients can access the Uniswap Protocol directly from the Fireblocks platform. Fireblocks’ clients will gain access to onchain and offchain liquidity, offering an average price improvement of 4.6 basis points compared to the leading aggregator.

They will also have access to Thousands of assets across 12 chains (Arbitrum, Avalanche, Base, Blast, BNB Chain, Celo, Ethereum, Optimism, Polygon, Unichain, World Chain, Zora Network, and ZKsync).

Finally, they will enjoy simplified DeFi trading experience as Uniswap’s Trading API handles the complexities of onchain trading, including gas estimates, slippage calculations, routing options, and USD conversions.

Uniswap is a decentralized exchange protocol built on Ethereum. To be more precise, it is an automated liquidity protocol. No order book or centralized party is required to make trades. UNI, the native token of Uniswap, is currently trading at $18.045, up 2.5% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.