TechFlow News: On February 11, according to Fortune, BlackRock—the world’s largest asset management company—announced that it will list its U.S. Treasury-backed digital token BUIDL on the decentralized exchange Uniswap. As part of this collaboration, BlackRock will also purchase an undisclosed amount of Uniswap’s native token, UNI. The initiative is facilitated by tokenization firm Securitize and will initially be restricted to qualified investors (those with assets exceeding $5 million).
Robert Mitchnick, BlackRock’s Global Head of Digital Assets, stated that this partnership marks a significant step toward integrating tokenized assets with decentralized finance (DeFi) and will further promote the broader adoption of stablecoins across financial markets. Hayden Adams, Founder and CEO of Uniswap, believes BlackRock’s participation validates blockchain platforms as the future mainstream infrastructure for asset trading.
