Uniswap labs makes Former New York Stock Exchange president an official adviser, further evolving their place in web3 space.

Uniswap has recently partnered with Stacy Cunningham, former New York Stock Exchange president in the hopes of using her expertise and experience with TradFi Translating over to DeFi to potentially increase its advancements over competitors in the space.

Generally, the Uniswap cryptocurrency exchange platform is the largest decentralized exchange (DEX) operating on the Ethereum blockchain. Its enablement of automated transactions between cryptocurrency tokens on the Ethereum blockchain using smart contracts is unrivaled.

Although it had previously moved past $1 trillion in trade volume, other cryptocurrency platforms such as Kraken, Exeno, and probably crypto,com, and others are actively moving forward with their advancements towards developing their positions in the web3 space, with Exeno creating more access to purchase a variety of products using safe crypto payments on its platform and Kraken increasingly taking on eco-friendly projects amidst the current crypto winter as well as improving its profitability through trades.

Overall numerous crypto platforms are continually developing their blockchains and ecosystems with new technologies and partnerships to further advance the web3 space and Uniswap’s newest Addition of Cunningham into its decentralized exchange helps implement her experiences with the trading floor, trading traditional stocks, Nasdaq and NYSE.

According to Cointelegraph, Uniswap is considered a decentralized exchange utilizing liquidity pools and Cunningham’s existing experience in numerous trading aspects is relative to the decentralized exchange's mission towards evolving its seat in the Web3 space.

Is Uniswap about to surpass the big players in space with its newest addition?

Uniswap labs makes Former New York Stock Exchange president an official adviser, further evolving their place in web3 space.