BlackRock has announced plans to trade its $180 billion BUIDL token on Uniswap, becoming the latest major financial institution to enter decentralized finance. The deal also includes the purchase of Uniswap’s UNI token.
The partnership with Securitize enables institutional investors to trade using smart contracts and liquidity pools instead of centralized clearing systems. This reflects rising confidence in DeFi’s infrastructure.
Trading will initially be limited to qualified purchasers and approved liquidity providers, meaning only a small group will participate at first. The setup is designed to test how traditional assets function on decentralized platforms.
Leaders from BlackRock and Uniswap say the collaboration demonstrates the growing overlap between traditional finance and crypto, and could accelerate the tokenization of real-world assets.
This is a developing story. Please come back for further updates.