Deep Tide TechFlow News, February 11 — According to Fortune, the world’s largest asset management firm BlackRock announced the integration of its US Treasury-based digital token BUIDL into the decentralized exchange Uniswap. As part of the partnership, BlackRock also purchased an undisclosed amount of Uniswap’s native platform token UNI. The collaboration was facilitated by tokenization company Securitize, initially limiting participation to qualified investors (with assets exceeding $5 million).
BlackRock’s Global Head of Digital Assets Robert Mitchnick stated that this partnership is an important step in the integration of tokenized assets and decentralized finance, and will also promote the broader application of stablecoins in the financial sector. Hayden Adams, founder and CEO of Uniswap, believes that BlackRock’s involvement confirms that blockchain platforms will become the mainstream trend for future asset trading.
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BlackRock announces its first purchase of UNI tokens, quantity undisclosed
Deep Tide TechFlow News, February 11 — According to Fortune, the world’s largest asset management firm BlackRock announced the integration of its US Treasury-based digital token BUIDL into the decentralized exchange Uniswap. As part of the partnership, BlackRock also purchased an undisclosed amount of Uniswap’s native platform token UNI. The collaboration was facilitated by tokenization company Securitize, initially limiting participation to qualified investors (with assets exceeding $5 million).
BlackRock’s Global Head of Digital Assets Robert Mitchnick stated that this partnership is an important step in the integration of tokenized assets and decentralized finance, and will also promote the broader application of stablecoins in the financial sector. Hayden Adams, founder and CEO of Uniswap, believes that BlackRock’s involvement confirms that blockchain platforms will become the mainstream trend for future asset trading.