#我在Gate广场过新年 BlackRock Makes Major Move into DeFi: BUIDL Launches on UniswapX and Buys UNI Tokens

BlockBeats reports that on February 12, Uniswap Labs announced a partnership with Securitize. BlackRock’s BUIDL is now tradable on UniswapX. This marks BlackRock’s first direct involvement in DeFi, supporting qualified institutional investors (whitelisted, with assets of at least $50 million) to trade using stablecoins. Additionally, BlackRock stated it will purchase UNI tokens but did not disclose the specific amount.
Following the announcement, the price of UNI surged by 30% in a short period, soaring from about $3.3 to $4.5, and has since retreated to around $3.5.
The crypto community views this as a milestone in the deep integration of TradFi and DeFi. BlackRock manages over $14 trillion in assets, and choosing Uniswap signifies a strong endorsement of DeFi infrastructure, with UNI expected to benefit. Hayden Adams, founder of Uniswap, said: “Today marks an important day for DeFi. This partnership leverages Uniswap’s market structure to provide on-chain trading for BUIDL investors, settled on Ethereum. It’s a significant step toward ‘almost all value being tradable on-chain.’”
Renowned crypto investor William Mougayar stated, “I am extremely bullish on Ethereum. Uniswap is the largest infrastructure on Ethereum. Starting with BUIDL and funds managed by BlackRock, other tokenized assets will follow quickly.”
Tony Edward, founder of Thinking Crypto Podcast, said, “Major adoption of cryptocurrencies—BlackRock is embracing DeFi.” However, some community members noted that trading is limited by whitelists and RFQ mechanisms, with initial liquidity being limited and not fully open AMM.
BlackRock has previously expanded BUIDL on chains like Polygon; this move appears more as a DeFi expansion rather than a “first entry.”