Breaking: Uniswap Labs partners with Securitize to unlock liquidity options for BlackRock's BUIDL.

BlackRock's on-chain U.S. Treasury fund BUIDL can finally be publicly traded on UniswapX — Securitize is managing the whitelist, and professional market makers are coming in, allowing institutions to buy directly in DeFi without needing to transfer privately.

Previously, BUIDL was just a super stable toy for institutions: tens of billions in scale, U.S. Treasury + repurchase, daily dividends, but liquidity was terrible, only able to transfer between whitelisted addresses, resembling the on-chain version of TradFi's forced solutions.

Now upgraded: qualified institutions can throw funds into the UniswapX pool, set prices 24/7, and BlackRock even bought some $UNI as a statement, signaling “I’m in DeFi too.” With several dollars cut down: the RWA sector is directly ignited, Ondo Franklin and others are likely to hold a meeting tonight to speed up the entry of Uniswap institutional funds + real assets, making it unsurprising to see TVL surge again. The institutions are the happiest: no more secret OTC, they can play with on-chain combinations, lending, and farming freely.

$UNI