Tag: BUIDL

BlackRock's $1.8 Billion BUIDL Fund Goes Live on UniswapX — The Moment the World's Largest Asset Manager Plugged Into DeFi and Neither Industry Will Ever Be the Same

On February 11, 2026, BlackRock — the world's largest asset manager with $14 trillion in assets under management — and tokenization platform Securitize formally integrated BUIDL, the BlackRock USD Institutional Digital Liquidity Fund backed by short-term US Treasuries, into UniswapX, the intents-based swapping infrastructure operated by Uniswap Labs. BUIDL shares now trade on-chain 24/7 via UniswapX's request-for-quote framework, with Flowdesk, Tokka Labs, and Wintermute as whitelisted market makers. Access is limited to qualified purchasers — US investors with $5 million or more in assets. BlackRock simultaneously acquired an undisclosed amount of Uniswap's UNI governance token. UNI surged 15–42% at announcement before retracing. BUIDL's market cap grew 30% in the month following the Uniswap listing. Robert Mitchnick, BlackRock's Global Head of Digital Assets, described the integration as a "major leap forward in the interoperability of tokenized USD yield funds with stablecoins." DeFi total value locked stands at $100 billion.