Uniswap Labs Expands into Gaming with 'Crypto: The Game' Acquisition
CryptoNewsTerminal Staff10 Jun, 2024
Uniswap Labs Expands into Gaming with 'Crypto: The Game' Acquisition
Uniswap Labs, the company behind the popular decentralized exchange Uniswap, has made a strategic move by acquiring 'Crypto: The Game', a crypto-based survival game. This acquisition grants Uniswap Labs full ownership of the game, along with its development team and active community. While the financial details of the deal remain undisclosed, it reportedly involves a combination of cash, tokens, and equity. This acquisition signals Uniswap Labs' growing interest in expanding beyond its core decentralized finance (DeFi) offerings and venturing into the burgeoning crypto-gaming landscape. 'Crypto: The Game' has garnered a loyal player base and is expected to contribute to Uniswap Labs' overall growth strategy.
