TLDR:
- BlackRock’s $2B BUIDL fund is now tradable on UniswapX via Securitize integration.
- Only institutions with at least $5M in assets can access BUIDL trading.
- Trades settle atomically on Ethereum using USDC and approved market makers.
- UNI token surged over 40% after the announcement and market speculation.
Uniswap Labs has partnered with Securitize to make BlackRock’s BUIDL fund tradable through UniswapX. The tokenized fund, backed by over $2 billion in short-term U.S. Treasuries, is available to approved institutions holding at least $5 million in assets.
Trades settle on Ethereum using USDC and whitelisted market makers, enabling round-the-clock access within a compliant framework.
Institutional Access Through UniswapX and Securitize
Uniswap Labs partnered with Securitize to support the trading of BlackRock’s USD Institutional Digital Liquidity Fund on UniswapX.
The fund holds more than two billion dollars in short-term United States Treasuries, according to details shared with the announcement.
Access to BUIDL trading remains limited to institutions meeting strict requirements under existing securities frameworks.
Eligible participants must hold at least five million dollars in assets and interact through whitelisted market makers approved by Securitize.
Trades allow institutions to exchange BUIDL shares directly for USDC using Ethereum-based settlement. The structure enables continuous availability, since transactions can settle on-chain at any time without relying on traditional market hours.
Uniswap confirmed the development in a post shared on X. The company stated that the collaboration aims to make BlackRock’s institutional liquidity fund available for trading through UniswapX via Securitize.
Market Reaction and Industry Commentary
Executives from Uniswap, BlackRock, and Securitize described the integration as a practical connection between established finance and decentralized infrastructure.
Their comments focused on operational efficiency, compliance, and the growing role of tokenized assets in regulated markets.
Despite the institutional focus, access remains restricted to pre-approved participants rather than the broader DeFi user base. This approach keeps the product aligned with existing regulatory expectations while using public blockchain settlement.
Following the announcement, Uniswap’s UNI token recorded a sharp price increase during early trading activity. The token rose by more than forty percent before stabilizing, according to market data observed shortly after the news circulated.
The price movement also followed unverified market speculation suggesting possible UNI purchases linked to BlackRock activity. No confirmation supporting those claims has been provided by any of the companies involved.
The integration places UniswapX as a venue for compliant institutional activity rather than retail fund access. It also reinforces the role of Ethereum as a settlement infrastructure for tokenized traditional assets, using stablecoins for liquidity and execution.
As tokenization efforts continue across global asset managers, this collaboration reflects growing interest in blockchain-based settlement systems.
The announcement shows how decentralized protocols are being adapted for institutional participation under controlled access models.



