Uniswap acquires NFT marketplace aggregator Genie to further ‘universal ownership’ goals

Uniswap acquires NFT marketplace aggregator Genie to further ‘universal ownership’ goals


Decentralized exchange Uniswap announced the acquisition of the NFT marketplace aggregator Genie on June 21st. Uniswap said this move is part of its mission to unlock universal ownership and exchange on its platform.

Uniswap is now integrating NFTs into its product line beginning with the Uniswap web app and later integrations are said to include developer APIs and widgets. This isn’t the first time Uniswap has worked with NFTs. In the spring of 2019 it launched Unisocks which offered NFT liquidity pools backed by real-world assets.

Uniswap said in the announcement, “We’re excited to bring what we’ve learned building DeFi products to NFTs.” In August Uniswap said it planned to airdrop USDC to historical Genie users in an effort to share the value of this acquisition

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