Decentralized exchange Uniswap has hired its first chief operating officer
Uniswap, the non-custodial cryptocurrency exchange, has added a new member to its ranks as it continues to vie for dominance in world of decentralized finance.
The project — which commands more than 50% in the decentralized exchange market — has hired Mary-Catherine Lader as its first chief operating officer. Lader, who joined the project earlier this month, previously worked at multi-trillion asset manager BlackRock where she led the team building sustainable investing tools for Aladdin, BlackRock’s flagship portfolio management tool.
As Uniswap’s new COO, Lader will play a key role in working with the DeFi’s project’s community to expand its growth.
“We are growing the Uniswap Labs team across product, engineering, growth and community,” Lader said in a statement shared with The Block. “We’re working on partnerships to enable the use of the protocol as a neutral source of liquidity and exploring how we can bring DeFi/decentralization to new communities and users.”
Uniswap, along with much of the DeFi market, experienced breakneck volume growth throughout much of the first half of 2021, according to data from The Block. The DEX has seen about $40 billion worth of volumes this month.
The project — which is backed by top investors including Paradigm and Andreessen Horowitz — recently released and launched Uniswap v3, which is supposed to make the protocol substantially more capital efficient.
© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Author: Frank Chaparro
