Uniswap’s UNI token jumped more than 20% in a day after BlackRock disclosed it had acquired an undisclosed amount of UNI and would bring its tokenized Treasury Uniswap’s UNI token jumped more than 20% in a day after BlackRock disclosed it had acquired an undisclosed amount of UNI and would bring its tokenized Treasury
BlackRock’s Uniswap Move Jolts UNI As Wall Street Tests DeFi Rails
Uniswap’s UNI token jumped more than 20% in a day after BlackRock disclosed it had acquired an undisclosed amount of UNI and would bring its tokenized Treasury fund shares onto Uniswap’s trading stack. The rally briefly pushed UNI above $4.30, even as Bitcoin and Ethereum were trading lower during the same session. The integration centers on BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), whose shares are tokenized and backed by short-term US government assets such as Treasury bills, cash, and repurchase agreements. Under the plan, BUIDL shares would become tradable via UniswapX, the protocol’s meta-aggregator, alongside an arrangement involving
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