According to The Block, BlackRock has partnered with Uniswap Labs to enable direct trading of BUIDL Token – a Tokenize US Treasury bond fund – through UniswapX technology. This XEM the first time BlackRock's large-scale Tokenize fund has directly utilized DeFi infrastructure.
BUIDL is currently a Tokenize Treasury fund worth approximately $2.4 billion, issued through the Securitize platform. The integration of UniswapX allows BUIDL to be traded more flexibly on-chain , while also expanding access to liquidation in the blockchain environment.
For eligible institutional investors only.
Despite utilizing DeFi infrastructure, BUIDL transactions will remain regulated within a legal framework. According to published information, Token Sale trading will be limited to vetted institutional investors on the whitelist, through the regulatory mechanism of Securitize Markets.
This model demonstrates a hybrid approach combining DeFi and traditional compliance (compliant DeFi), where Tokenize financial products operate within a strict legal framework instead of being completely open like conventional Token .
In addition to infrastructure collaboration, BlackRock also purchased UNI Token as a strategic investment, demonstrating its long-term commitment to the Uniswap ecosystem. Following this announcement, the price of UNI recorded an increase of approximately 20%, reflecting the market's positive expectations regarding the participation of a leading global financial institution in DeFi.
BlackRock's inclusion of BUIDL on UniswapX is considered a significant step in connecting traditional assets with decentralized infrastructure. This is not just about liquidation, but also a signal that Tokenize funds can gradually operate in an on-chain environment instead of solely through traditional intermediary systems.
