Analysis

Uniswap Labs Reveals New Crypto Wallet, Says Apple Won’t Green Light iOS Launch

The development team behind crypto exchange Uniswap (UNI) is revealing a new crypto wallet, but says that tech giant Apple has not yet approved its launch for iOS.

In a lengthy thread, Uniswap Labs says that they are introducing their new Uniswap mobile wallet in a limited capacity because Apple has so far failed to allow its release on iOS.

However, the firm notes that they weren’t rejected by the tech titan, but rather ignored, which means the release is currently “in limbo.”

“Why a limited early release from a team committed to access for anyone? Simply put, Apple won’t green light our launch, and we don’t know why. We submitted our mobile app months ago, and even though we are 100% compliant with their specifications, we’re still stuck in limbo.”

In lieu of Apple’s approval, Uniswap is setting up a preview of the wallet for 10,000 users so the community can get a taste of the new project.

“So, if we have to wait for Apple, we thought it’d be more fun if we waited together. That’s why we’re opening up our internal TestFlight app to 10,000 users (max we can have w/o Apple’s approval), so that our community can experience the magic of the Uniswap mobile wallet.”

According to Uniswap, investors can utilize the wallet to seamlessly switch between layer-1 protocols such as Ethereum (ETH) and layer-2 projects like Optimism (OP) and Polygon (MATIC) without the need to configure any networks.

“The Uniswap mobile wallet is the best way to manage your portfolio across Ethereum, Polygon, Arbitrum, and Optimism. Using WalletConnect, you can manage connections to multiple web apps on different networks simultaneously. For example, you can connect to Lido on Mainnet, Aave on Polygon, and Uniswap on Arbitrum without switching networks.”

UNI is trading for $6.25 at time of writing, a fractional increase on the day.

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Featured Image: Shutterstock/Suwin



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