Former president of the New York Stock Exchange joins Uniswap Labs as an advisor

On Wednesday, Uniswap announced that former New York Inventory Change president Stacey Cunningham will be part of the corporate as an advisor.

Cunningham served as the primary feminine president of the New York Inventory Change after starting her profession as a dealer on its flooring. She mentioned in an announcement that she believes within 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 in all BBC’s 100 Girls, and joined the NYSE board of administrators in December 2021.

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1/ We’re past honored to welcome Stacey Cunningham @stacey_cunning, former president of the New York Inventory Change @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 in all BBC’s 100 Girls, 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 versus Binance, a centralized alternate serving as a market maker. Cunningham’s present expertise with the buying and selling flooring, buying and selling conventional shares, the Nasdaq, and NYSE all look like relative to Uniswap’s mission.

Again in Could, Uniswap revealed it had surpassed $1T in commerce quantity throughout roughly 4 million addresses. This positioned the alternate forward of different gamers within the crypto sector reminiscent of 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.