Overview
- Shares of BlackRock’s tokenized USD liquidity fund BUIDL are now available to trade through UniswapX for pre-qualified, whitelisted investors.
- Compliance and access controls are handled by Securitize, which vets investors under qualified purchaser standards typically tied to $5 million or more in assets.
- UniswapX routes requests for quotes from an approved set of market makers, including Wintermute, Flowdesk, and Tokka Labs, enabling 24/7 on-chain settlement.
- BUIDL is backed 100% by U.S. Treasury bills and cash and has roughly $2.1–$2.2 billion in value on-chain, offering yield that can be accessed in a DeFi environment.
- BlackRock disclosed a strategic investment in the Uniswap ecosystem and an undisclosed UNI purchase, and the token rose following the announcement.