Uniswap Labs buys PONS token to strengthen Robinhood Chain partnership

  • Uniswap Labs purchased PONS, the native token of a Robinhood Chain launchpad.
  • PONS said the purchase is intended to strengthen a long-term partnership.
  • The purchase size was not disclosed.

Uniswap Labs, the developer of decentralized exchange Uniswap (UNI), purchased PONS, the native token of PONS, a non-custodial token launchpad on Arbitrum (ARB)-based layer-two Robinhood Chain. PONS said the purchase is intended to strengthen a long-term partnership between the two sides. The transaction size was not disclosed. An earlier announcement had identified the purchased asset only by Ethereum address 0x07f5b6823751c2e2cd4560f28af75ff887102241.

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