Uniswap price surges as BlackRock snaps up governance tokens

Decentralised exchange Uniswap’s UNI token becomes the biggest winner after the world’s biggest asset manager, BlackRock, announced on Wednesday that it obtained an undisclosed amount of the protocol’s tokens. Uniswap’s Ethereum-based token, UNI, was recently priced at $4.25, according to CoinGecko, up more than 20% over the past day. UNI soared as high as $4.36 just after 9am in New York. The token is still well below its 2021 record of nearly $45. Other major coins and tokens like Bitcoin and Ethereu ...