BlackRock is expanding its footprint in decentralized finance by enabling direct onchain trading of its tokenized Treasury product, BUIDL, through a partnership with Uniswap Labs and Securitize. The move marks a significant step in bridging regulated financial products with decentralized liquidity infrastructure.
BUIDL Fund Integrates With UniswapX Infrastructure
Under the new arrangement, shares of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) will be tradable using UniswapX, an offchain order routing system developed by Uniswap Labs. The system aggregates liquidity and settles transactions onchain, allowing eligible institutional participants to access decentralized trading infrastructure while maintaining compliance controls.
Trades will be executed through Securitize Markets using a request-for-quote model that connects pre-approved and whitelisted investors. Settlement occurs via smart contracts, combining regulatory oversight with decentralized exchange technology.
UNI Token Surges on Strategic Investment
Alongside the integration, BlackRock disclosed it has invested in the Uniswap ecosystem by purchasing an undisclosed amount of UNI tokens. Following the announcement, UNI rose approximately 20%, reflecting strong market reaction to the involvement of the world’s largest asset manager in DeFi infrastructure.

Tokenized Treasury Market Reaches New Milestone
BUIDL, issued via Securitize, is backed by U.S. Treasuries and cash equivalents and currently manages about $2.4 billion in assets as of Feb. 11. The fund has expanded across multiple blockchains, including BNB Chain and Solana, and has integrated with various DeFi protocols through wrapped versions.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

