BlackRock launches $180B Treasury-backed BUIDL token on Uniswap, buys UNI, partners with Securitize for DeFi expansion.
BlackRock has entered decentralized finance with the launch of its BUIDL token on Uniswap, marking its first DeFi initiative.
It backs the token with U.S. Treasuries and launched it in partnership with Securitize and Uniswap Labs.
As part of the move, BlackRock also acquired UNI tokens, linking the asset manager directly to the Uniswap ecosystem.
BlackRock Launches $180B BUIDL Token on Uniswap
BlackRock introduced the BUIDL token with a reported market cap of $180 billion. The token is backed by U.S.
Treasury assets and is designed for qualified institutional investors. It is now available on Uniswap through collaboration with Securitize.
The launch represents BlackRock’s first direct activity within decentralized finance infrastructure.
The BUIDL token operates on blockchain rails while maintaining exposure to traditional financial instruments. Access is limited to approved institutional participants.
Securitize is providing tokenization and compliance services for the offering. Uniswap Labs is supporting liquidity access through its decentralized exchange protocol.
The partnership connects a major asset manager with on-chain liquidity venues.
BlackRock Acquires UNI Tokens in Strategic Move
As part of the agreement, BlackRock acquired UNI tokens tied to the Uniswap ecosystem.
UNI is the governance token of the Uniswap protocol. The purchase aligns BlackRock with the decentralized platform’s governance structure.
Uniswap Labs and Securitize are working together to expand liquidity options for the BUIDL fund.
The structure allows eligible investors to interact with tokenized Treasury exposure on-chain. This setup blends regulated assets with decentralized trading infrastructure.
Following the announcement, UNI saw increased market activity. Trading volumes rose as market participants reacted to the development.
Price movements reflected investor attention to the collaboration.
Related Reading: $13T BlackRock CEO Says Crypto Is the Next Wave for Global Finance
Bridging Traditional Finance and DeFi Infrastructure
The BUIDL token provides exposure to short-term U.S. Treasury instruments. Treasury instruments.
It combines blockchain settlement with traditional asset backing. The product is available only to qualified institutional investors at launch.
BlackRock has expanded its digital asset presence in recent years. The firm has introduced crypto-related investment products and tokenization initiatives.
The Uniswap launch adds decentralized exchange exposure to its portfolio strategy.
Uniswap remains one of the largest decentralized exchanges by trading volume. The collaboration with BlackRock and Securitize places tokenized Treasuries within DeFi markets.
The development links traditional finance participants with decentralized liquidity networks.
Source: https://www.livebitcoinnews.com/blackrock-launches-180b-buidl-token-buys-uni-in-defi-push/
