BlackRock Lists BUIDL on Uniswap as UNI Surges by 25%
BlackRock takes a groundbreaking step in the DeFi space by listing BUIDL on Uniswap, contributing to a 25% surge in UNI's value.
BlackRock, a major player in the traditional finance sector, has ventured into the decentralized finance (DeFi) realm by listing BUIDL on the popular decentralized exchange Uniswap. This move marks a significant milestone for BlackRock, signaling its foray into the innovative DeFi ecosystem.
The listing of BUIDL on Uniswap has not only diversified BlackRock's investment portfolio but has also caused a notable 25% jump in the value of UNI, the native token of Uniswap. As BlackRock makes shares of its $2.2 billion tokenized U.S. Treasury fund tradable on Uniswap, the DeFi community eagerly anticipates further developments and collaborations between traditional finance giants and the decentralized finance space.