BlackRock's $2.4B tokenized treasury fund BUIDL is now tradeable on Uniswap via Securitize, as UNI surges 25% on the news.
The world's largest asset manager has taken its first direct step into decentralized finance, making its tokenized treasury fund available for on-chain trading.
BlackRock and Securitize announced on February 11 that shares of the USD Institutional Digital Liquidity Fund (BUIDL) can now be traded directly via UniswapX technology. The $2.4 billion tokenized money market fund, the largest of its kind, is deployed across Ethereum, Solana, BNB Chain, Aptos, and Avalanche.
Qualified investors with $5 million or more in assets can now swap BUIDL shares 24/7 with approved market makers using stablecoins. BlackRock also acquired an undisclosed quantity of UNI tokens as part of the move. UNI surged 25% on the announcement, making it one of the best-performing major tokens this week.
This is BlackRock's first direct use of DeFi liquidity, a significant milestone for institutional adoption. Until now, tokenized real-world assets (RWAs) have mostly traded through centralized platforms and private OTC desks. Listing BUIDL on Uniswap signals that traditional finance is willing to embrace on-chain infrastructure for settlement and trading.
The timing is notable. Uniswap also scored a legal win this week when a New York federal judge dismissed a patent infringement case brought by Bancor-affiliated entities, ruling that automated market maker calculations are abstract ideas rather than patentable inventions. While the dismissal is without prejudice, it removes an immediate legal overhang.
The integration could set a precedent for other asset managers exploring DeFi distribution. With over $2 billion in BUIDL assets and growing institutional demand for tokenized treasuries, the Uniswap listing may attract additional RWA issuers to decentralized exchanges. Watch for potential copycat announcements from competitors like Franklin Templeton and Ondo Finance in the coming weeks.
BlackRock's DeFi debut marks a turning point for institutional-grade assets on decentralized infrastructure. The convergence of RWA tokenization and DeFi liquidity is accelerating faster than many expected.
The landmark governance vote to activate protocol fees and burn UNI tokens has crossed quorum with near-unanimous support, marking a pivotal moment for DeFi governance.
Bitwise submits SEC applications for ETFs covering AAVE, UNI, SUI, NEAR, and seven other altcoins, targeting March 2026 launch.
Bitwise targets AAVE, UNI, SUI, and 8 other tokens in what could be the largest altcoin ETF filing wave yet.
Disclaimer: News content is for informational purposes only and should not be considered financial advice. Market conditions can change rapidly. Always conduct your own research.
