Uniswap Wants to Launch Crypto Wallet App, but Apple Says Not So Fast

In a press release, Uniswap Labs said its planned mobile app is primarily a self-custodial crypto wallet, meaning users will have full ownership and control over their assets. The app will also offer the ability to “trade tokens directly with” Uniswap, where more than $1.2 billion in average 24-hour trading volume makes it by far the most trafficked decentralized finance (DeFi) exchange, per CoinGecko.