On Wednesday, Uniswap introduced that former New York Stock Exchange president Stacey Cunningham will be a part of the firm as an advisor.
Cunningham served as the first feminine president of the New York Stock Exchange after starting her profession as a dealer on its flooring. She mentioned in a press release that she believes in the potential of Uniswap’s dedication to fairer markets.Uniswap is betting on her expertise with TradFi translating over to DeFi to additional assist them evolve their place in Web3. Cunningham has additionally been listed as one of BBC’s 100 Women, and joined the NYSE board of administrators in December 2021.
1/ We are past honored to welcome Stacey Cunningham @stacey_cunning, former president of the New York Stock Exchange @NYSE, as an Advisor to Uniswap Labs.
— Uniswap Labs (@Uniswap) June 15, 2022
Uniswap mentioned it’s betting on her expertise with TradFi translating over to DeFi to additional assist them evolve their place in Web3. Cunningham has additionally been listed as one of BBC’s 100 Women, and joined the NYSE board of administrators in December 2021.
Uniswap allows automated transactions between cryptocurrency tokens on the Ethereum blockchain utilizing sensible contracts. Uniswap is taken into account a decentralized alternate using liquidity swimming pools as against Binance, a centralized alternate serving as a market maker. Cunningham’s current expertise with the buying and selling flooring, buying and selling conventional shares, the Nasdaq, and NYSE all look like relative to Uniswap’s mission.
Back in May, Uniswap revealed it had surpassed $1T in commerce quantity throughout roughly 4 million addresses. This positioned the alternate forward of different gamers in the crypto sector such as Crypto.com and Kraken. On Wednesday, the DEX noticed the worth of Ethereum flash crash to $950 after a whale dumped 93,000 ETH over the course of six hours.
