BlackRock Ventures into DeFi with Uniswap for Tokenized Trading

BlackRock's $2.1 billion Treasury fund now trades on Uniswap, enhancing institutional participation in DeFi and advancing Wall Street's onchain finance efforts.

In a significant move, BlackRock is set to introduce its tokenized Treasury fund, valued at $2.1 billion, on the Uniswap platform. This strategic decision marks a pivotal expansion of institutional access to decentralized finance (DeFi) and underscores Wall Street's growing interest in onchain financial solutions.

The incorporation of this fund into Uniswap positions BlackRock at the forefront of the DeFi evolution, potentially reshaping how traditional financial institutions engage with blockchain technology. By facilitating token trading directly within a decentralized framework, BlackRock not only enhances its offerings but also contributes to the broader acceptance of cryptocurrency and digital assets among institutional investors.