$UNI +22% on the news that BlackRock's BUIDL will be purchasing an undisclosed amount of UNI tokens.
Makes sense, Uniswap is one of the strongest crypto businesses out there.
→ Generating over $200B in trading volume per quarter over the past 2 years.
→ Integrated across all of DeFi
→ Minimal inflation
Would not be surprised to see more funds acquire other cornerstone DeFi applications, I'm thinking Aave, Pendle, Morpho, Spark.
Data: @tokenterminal

Aggr News
@AggrNews
BLACKROCK MAKES DEBUT IN DEFI TRADING, ACQUIRES UNISWAP TOKENS: FORTUNE

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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