Uniswap Labs has entered into agreements with Robinhood, MoonPay, and Transak, enabling users to sell crypto assets and deposit funds directly into a bank account from the Uniswap Wallet with just a few clicks.
Turn your crypto into cash with Uniswap wallet ?
Fiat offramping is now live, making it easier than ever to move between crypto and cash
No extra steps. No hassle. pic.twitter.com/mIL5ZtFLPD
— Uniswap Labs ? (@Uniswap) February 27, 2025
The option is available in the app on Android and iOS. It is expected that this feature will soon be available in the browser extension and web version.
According to Dune Analytics, Uniswap leads among DEXs in the EVM sector with a 34.1% share of the total turnover over the past seven days.
On February 25, Uniswap Labs announced the conclusion of an investigation by the SEC into the company. The regulator does not plan to press charges.
In April 2024, the agency sent the platform a Wells notice. The agency claimed that the DEX operates as an unregistered securities exchange and broker-dealer without a license.
In response, the company called the SEC’s legal arguments weak and expressed readiness for a legal battle.
Earlier, the agency ceased its pursuit of Robinhood.
Back in January, the Uniswap Labs team released an update to the Uniswap v4 protocol.