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BlackRock on Wednesday revealed it will be bringing its Treasury-backed digital token BUIDL onto Uniswap, a leading DeFi platform, where it will be bought and sold by institutional traders. As part of the tie-up, BlackRock is also purchasing an undisclosed amount of Uniswap’s own UNI token.
This collaboration with Uniswap Labs alongside Securitize is a notable step in the convergence of tokenized assets with decentralized finance. The integration of BUIDL into UniswapX marks a major leap forward in the interoperability of tokenized USD yield funds with stablecoins,
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