The first NYSE female president, Stacey Cunningham, will join Uniswap Labs to help them in the transition to Web3. The exchange revealed last month it surpassed $1T in trade volume.
Uniswap said it is betting on her experience with TradFi translating over to DeFi to further help them evolve their place in Web3. Cunningham has also been listed as one of BBC's 100 Women, and joined the NYSE board of directors in December 2021.
Uniswap enables automated transactions between cryptocurrency tokens on the Ethereum blockchain using smart contracts. Uniswap is considered a decentralized exchange utilizing liquidity pools as opposed to Binance, a centralized exchange serving as a market maker. Cunningham’s existing experience with the trading floor, trading traditional stocks, the Nasdaq, and NYSE all appear to be relative to Uniswap's mission.