The company BlackRock is entering the decentralized finance (DeFi) segment for the first time: the company announced that its tokenized money market fund BUIDL, backed by U.S. Treasury obligations, will be available for trading on the Uniswap platform.
At the same time, the world's largest asset manager is buying an unspecified number of Uniswap (UNI) tokens.
The initiative is being implemented in collaboration with the company Securitize, which specializes in asset tokenization. This is one of the most notable examples of the convergence of Wall Street and the crypto market: traditional financial instruments are entering an environment where trading occurs through smart contracts, liquidity pools, and automated market makers, rather than through centralized intermediaries.
Approximately $100 billion in capital is concentrated on DeFi platforms.$UNI
$OG
$USDT
At the same time, the world's largest asset manager is buying an unspecified number of Uniswap (UNI) tokens.
The initiative is being implemented in collaboration with the company Securitize, which specializes in asset tokenization. This is one of the most notable examples of the convergence of Wall Street and the crypto market: traditional financial instruments are entering an environment where trading occurs through smart contracts, liquidity pools, and automated market makers, rather than through centralized intermediaries.
Approximately $100 billion in capital is concentrated on DeFi platforms.$UNI
$OG
$USDT