🚨BlackRock has made its first formal move into decentralized finance by bringing its $2.1 billion tokenized U.S. Treasury fund BUIDL to the Uniswap exchange.
The listing allows approved institutional investors and market makers to trade the tokenized security onchain, with BlackRock also purchasing an undisclosed amount of UNI tokens as part of the partnership.
The move signals growing Wall Street adoption of DeFi infrastructure as tokenized money market funds and real-world assets gain momentum.
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