One of the leading decentralized exchanges received words of encouragement from a prominent figure in the crypto space.
Even though the project’s results are significant, it can’t seem to return to its prior feats, and there are growing concerns about governance.
More Room to Grow
Matt Hougan, Chief Investment Officer at Bitwise, the largest provider of cryptocurrency index funds with more than $1.5 billion in assets under management (AUM), made a bold statement on X earlier today.
“Uniswap at $6 billion feels too small. If it were a company, it would be the 400th largest financial services business in the world — roughly the same size as Storebrand, a savings and insurance business in Norway.”
Members of the crypto space commented with a mixture of agreeing and disagreeing statements, with the majority of the input relating to the protocol’s revenue. Another point was that the native governance token, UNI, does not inherently provide value to investors.
Still, given t
We współpracy z: https://cryptopotato.com/bitwise-cio-heres-why-uniswap-feels-undervalued-at-6-billion/
