May 1, 2020 Universal Market Access launches UMA token.

The financial contracts platform, Universal Market Access (UMA), launched its UMA token on Wednesday via a listing on Uniswap with an initial listing price of $0.26. UMA is used on the platform for governance and price request purposes. The event also marks the first significant token listing to occur via Uniswap, drawing comparisons to initial exchange offerings that centralized exchanges conduct.