Asset management giant BlackRock is taking its first official step toward decentralized finance by bringing its tokenized U.S. Treasury Fund to Uniswap, marking a landmark moment for institutional adoption of DeFi.
According to a Wednesday announcementBlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) will be listed on the decentralized exchange Uniswap, allowing institutional investors to buy and sell the tokenized security.
As part of the deal, BlackRock is also purchasing an undisclosed quantity of Uniswap’s native governance token, UNI, the announcement said.
The collaboration is facilitated by tokenization company Securitize, which has partnered with the world’s largest asset manager for the launch of BUIDL.
According to Fortunetrading will initially be limited to a select group of eligible institutional investors and market makers before expanding more broadly.
“For the first time, whitelisted institutions and investors can access technology from a leader in decentralized finance to trade real-world tokenized assets like BUIDL with self-custody,” said Carlos Dominigo, CEO of Securitize.
BUIDL is the largest tokenized money market fund, with more than $2.18 billion in total assets, according to data compiled by RWA.xyz. The fund is issued on several blockchains, including Ethereum, Solana, BNB Chain, Aptos and Avalanche.
In December, BUIDL has reached a key milestoneexceeding $100 million in cumulative distributions from its Treasury holdings.
Related: Avalanche Tokenization Peaks in Q4 as BlackRock’s BUIDL Grows On-Chain
Wall Street Expands Push into Tokenized Money Market Amid Stable Coin Growth
Tokenized money market funds have been gaining traction on Wall Street, with several major financial institutions joining BlackRock to explore the technology. Goldman Sachs and BNYfor example, have partnered to expand institutional access to tokenized money market products.
JPMorgan strategists also highlighted the asset class as a potential counterweight to the rapid growth of stablecoins. Although both rely on blockchain infrastructure, the GENIUS Law It is widely expected to accelerate stablecoin adoption, which could potentially draw liquidity away from traditional money market funds.
Tokenization could help offset this shift by allowing investors to post money market fund shares as collateral without sacrificing yield, Teresa Ho, strategist at JPMorgan said last year.
Certainly, the GENIUS law could also accelerate the growth of real-world tokenized assetsaccording to Solomon Tesfaye, chief commercial officer at Aptos Labs, who previously told Cointelegraph that clearer stablecoin rules could spur broader on-chain adoption.
Related: The Crypto Investing Handbook for 2026: Bitcoin, stablecoin infrastructure, tokenized assets
