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Uniswap Labs Acquires NFT Startup Genie

·1 min read

Don't miss CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.

Uniswap Labs said Tuesday it has acquired NFT marketplace aggregator Genie in a push to support trading of non-fungible tokens "soon."

The terms of the deal weren't disclosed, and neither was the fate of the Genie team. A representative didn't immediately return a request for comment.

"NFTs will be integrated into our products, starting with the Uniswap web app, where soon you'll be able to buy and sell NFTs across all major marketplaces. We'll also integrate NFTs into our developer APIs and widgets, making Uniswap a comprehensive platform for users and builders in web3," a blog post said, referring to application programming interfaces.

Notably, Uniswap Labs plans to conduct a 12-month USDC airdrop for "historical Genie users."

This story is developing and will be updated.