Union Square Ventures Moves $31 Million in UNI to Coinbase Prime

A significant transfer of UNI tokens by the venture capital firm Union Square Ventures (USV) has caught the attention of the cryptocurrency community. The move of around 2.981 million UNI, valued at approximately $31.1 million, signifies a strategic shift within the DeFi ecosystem. USV’s choice to utilize Coinbase Prime, an institutional-grade platform for crypto trading and asset management, highlights their commitment to professional practices in this space.