
🪨 BlackRock will bring its tokenized fund to Uniswap, the company bought UNI tokens BlackRock will list its tokenized fund BUIDL, backed by US Treasury bonds, on the decentralized platform Uniswap. Trading will be available to a limited group of institutional investors through partner Securitize, which will form the list of approved participants. As part of the deal, BlackRock also acquired an undisclosed amount of UNI tokens. The BUIDL fund was launched in 2024. The company called the integration a step toward bridging tokenized assets with DeFi infrastructure. After the news broke, the UNI token surged by 40%.
