BlackRock Lists $2.18B Tokenized Treasury Fund on Uniswap
From financefeeds.com
BlackRock is taking its first direct step into decentralized finance trading infrastructure by making its tokenized U.S. Treasury fund, BUIDL, tradable through Uniswap. The move allows eligible institutional investors to buy and sell the tokenized money market product using UniswapX technology, according to a Wednesday announcement. BUIDL, formally known as the BlackRock USD Institutional Digital Liquidity Fund, is issued through Securitize and backed by U.S. Treasuries and cash equivalents. It is currently the largest tokenized money market fund on public blockchains, with more than $2.18 billion in assets, ...
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