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<p>An individual investor, also known as a retail client, is a client organisation or individual who cannot be deemed both a Qualified Investor and a Qualified Client, pursuant to the requirements of the Israeli Securities Law 1968 (the ‘Securities Law’) and the Law for the Regulation of Advice, Investment Marketing and Investment Portfolio Management 1995 (the ‘Advice Law’), respectively. A Qualified Investor is defined under the Securities Law as:</p>
<ol>
<li>A fund for joint investments in trust (i.e., mutual fund) as defined in the Joint Investment Trust Law, 1994, or a management company of such a fund;</li>
<li>A provident fund or a management company (of such funds) thereof, both as defined in the Regulation of Financial Services (Provident Funds) Law, 2005;</li>
<li>An insurer defined in the Regulation of Financial Services (Provident Funds) Law, 1981 ;</li>
<li>A Banking Corporation or Auxiliary Corporation , as such terms are defined in the Banking (Licencing) Law 1981, other than a joint services company, acting for their own account or for the account of clients that are investors of the type listed in Section 15A(b) of the Securities Law;</li>
<li>A licensed portfolio manager under the Advice Law, acting on its own account or for the account of clients that are investors of the type listed in Section 15A(b) of the Securities Law;</li>
<li>An investment advisor or provider of investment marketing services under the Advice Law, acting for its own account;</li>
<li>A member of the Tel Aviv Stock Exchange, acting on its own account or for the account of clients that are investors of the type listed in Section 15A(b) of the Securities Law;</li>
<li>An underwriter fulfilling the conditions of Section 56(c) of the Securities Law;</li>
<li>A venture capital fund (defined as an entity primarily involved in investments in entities which are engaged, at the time of investment,: (a) in research and development or production of new technological products or processes, and (b) where the risk of investment is typically above-average risk for such investment);</li>
<li>An entity wholly owned by persons Exempt Investors (as defined in the Securities Law).</li>
</ol>


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An individual investor, also known as a retail client, is a client organisation or individual who cannot be deemed both a Qualified Investor and a Qualified Client, pursuant to the requirements of the Israeli Securities Law 1968 (the ‘Securities Law’) and the Law for the Regulation of Advice, Investment Marketing and Investment Portfolio Management 1995 (the ‘Advice Law’), respectively. A Qualified Investor is defined under the Securities Law as.

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Uniswap

<h4>Uniswap is a decentralized, automated market making protocol that provides peer-to-peer market-making and swapping of ERC-20 tokens on the Ethereum blockchain.</h4>


<p>Built to solve the problem of high spreads for illiquid assets on order-book exchanges, Uniswap was initially a 2016 idea by Vitalik Buterin for a decentralized exchange with a unique, on-chain market maker. With the help of Hayden Adams, grants, and support from the Ethereum Foundation, Uniswap launched in 2018.</p>


<p>Managed by a global community, UNI token holders and delegates govern the Uniswap Protocol through an on-chain governance process.</p>


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<p>Portions of the content on this page have been prepared by third parties not affiliated with Bullish. Bullish is not the source of or responsible for such content. Bullish is not liable for any errors or delays in updating the content to reflect new developments or market conditions or in maintaining such content or ensuring its availability. Bullish is not liable for actions taken in reliance on such content, and all use of such data is at your own risk. Material provided on this page is for informational purposes only and does not constitute investment advice. This is not and should not be interpreted as a recommendation to buy, sell, or hold a digital or fiat asset or to use a particular investment strategy. You should conduct due diligence before deciding whether to transact in any digital asset or fiat currency. Bullish makes no representation on the accuracy, suitability, reliability, or validity of any information provided. Prices displayed are for illustrative purposes only and may vary. Please see the <a href="https://bullish.com/legal/terms-of-use/">Site Terms of Use</a>, the <a href="https://bullish.com/legal/exchange-terms-of-service/">Exchange Terms of Service</a> and <a href="https://bullish.com/legal/risk-warnings/">Risk Warnings</a> for important additional information.</p>


Uniswap

Uniswap is a decentralized, automated market making protocol that provides peer-to-peer market-making and swapping of ERC-20 tokens on the Ethereum blockchain.

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