BlackRock Teams Up with Uniswap and Securitize to Enable On-Chain Trading of BUIDL, Officially Connecting Traditional Assets to the DeFi Ecosystem
Global asset management leader BlackRock is significantly expanding its presence in the decentralized finance (DeFi) space. According to a statement released on Wednesday, BlackRock announced that through collaborations with Uniswap Labs and digital asset issuance platform Securitize, it will officially open its tokenized U.S. Treasury bond fund, “BUIDL,” for on-chain trading.
This integration will allow qualified investors to purchase the “BlackRock USD Institutional Digital Liquidity Fund (BUIDL)” directly via UniswapX technology.
UniswapX is a off-chain order routing system developed by Uniswap Labs that consolidates market liquidity and settles trades on-chain. The Uniswap ecosystem is the world’s largest decentralized exchange by trading volume, operating without reliance on traditional intermediaries such as banks or brokers, instead utilizing automated market maker (AMM) smart contracts.
The specific trade execution will be managed by Securitize Markets, which will use an “order book” mechanism to connect institutional investors on the whitelist and settle transactions via smart contracts on the blockchain.
More notably, BlackRock revealed that it has invested in the Uniswap ecosystem, directly purchasing an undisclosed amount of UNI tokens, which market observers interpret as a strong vote of confidence from a traditional financial giant in DeFi.
Encouraged by the news, Uniswap’s governance token UNI surged over 20%, reaching a high of $4.36.
This partnership marks BlackRock’s first direct integration of its tokenized products into DeFi trading infrastructure. BUIDL is a tokenized fund issued by Securitize, fully backed by U.S. Treasuries and cash equivalents.
As of February 11, BUIDL’s assets under management (AUM) are approximately $2.4 billion, making it the largest institutional-grade tokenized fund on a public blockchain.
BlackRock has been very active recently, expanding BUIDL to BNB Chain and Solana, and integrating with DeFi protocols such as Euler through wrapped versions, broadening the product’s reach.
Securitize holds regulated broker-dealer and alternative trading system (ATS) licenses in the U.S., responsible for the tokenization issuance and compliance management of the BUIDL fund. The company stated that investors trading via UniswapX must undergo pre-qualification and be whitelisted.
- This article is reprinted with permission from BlockCast
- Original title: “Asset Management Giant Enters DeFi! BlackRock Teams Up with Uniswap to Open BUIDL for On-Chain Trading, UNI Surges 20% on News”
- Original author: Block Girl MEL
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
SafePal Integrates Uniswap to Enhance With In-Wallet Swaps
SafePal has partnered with Uniswap to enhance in-wallet token swapping, providing deeper liquidity and a smoother DeFi experience. This integration allows users to trade directly from the SafePal wallet, reducing reliance on centralized exchanges and improving security.
BlockChainReporter3h ago
Uniswap adds support for the stablecoin public chain Tempo and launches a multi-token payment feature
Gate News reports that on March 19, Uniswap added support for stablecoin public chain Tempo. Meanwhile, the "pay with any token" feature in Uniswap API and Tempo machine payment protocol has officially launched and is now available.
GateNews5h ago
Ethereum governance tool Tally ceases operation, Uniswap and Arbitrum are seeking new alternatives
Cryptocurrency governance tool Tally announced its closure on March 17 after operating for over five years. Tally had provided governance infrastructure for multiple Ethereum protocols, handling over $1 billion in transactions. The shutdown was attributed to poor market timing and failure to fulfill token promises, reflecting the commercialization challenges of DAO governance tools. Despite these challenges, the DAO concept continues to evolve, with future development potentially shifting toward diversified infrastructure construction.
MarketWhisper03-18 02:01
Uniswap’s UNI Is Consolidating Inside a $0.30 Range With a 30% Move Waiting on Either Side
UNI is sitting at $3.94 and going nowhere fast. That’s not necessarily a bad thing, depending on which way it resolves. The four-hour chart shows an ascending triangle forming since mid-February, with price compressing between horizontal resistance at $4.10 and a rising support trendline currently s
BlockChainReporter03-16 01:04
MetaMask integrates Uniswap API to upgrade wallet swapping, supporting liquidity across more than 16 blockchains
MetaMask announced the integration of Uniswap API to improve the liquidity and pricing efficiency of its built-in swap feature. Users can directly access Uniswap's liquidity infrastructure across 16 blockchains to facilitate efficient token exchanges. This integration supports multiple versions of the Uniswap protocol, increasing transaction speed and reducing slippage, thereby enhancing cross-chain trading efficiency. The integration remains free of charge, supporting the development of a decentralized trading ecosystem.
GateNews03-12 08:41
