The UNI token surged by 14%.
Uniswap Labs and the RWA platform Securitize have announced a partnership to launch the tokenized BlackRock USD Institutional Digital Liquidity Fund (BUIDL) on the UniswapX liquidity aggregation protocol.
“This integration will enable trading of BUIDL on the blockchain, unlocking new liquidity opportunities for holders and marking a significant step in bridging traditional finance and DeFi,” the press release stated.
As part of the deal, BlackRock also revealed strategic investments in Uniswap and acquired an undisclosed amount of the native UNI token.
Launched in 2024, the BUIDL fund is the largest tokenized U.S. Treasury bond fund on the market, with a total locked value of $2.1 billion, according to RWA.xyz.
The introduction of BUILD on Uniswap provides investors with 24/7 on-chain access to the fund, allowing trading in both directions.
“Integrating BUIDL into UniswapX represents a significant advancement in ensuring compatibility between stablecoins and tokenized funds that generate income in U.S. dollars,” said Robert Michnik, head of BlackRock's digital asset division.
Following the announcement, the UNI token jumped 14% in a day, rising from approximately $3.2 to $3.8, briefly surpassing the $4 mark.
15-minute chart of UNI/USDT on Binance. Source: TradingView.
As a reminder, in November 2025, support for the BNB Chain was added for BUILD. The fund, which debuted on Ethereum, also operates on layer one networks such as Aptos, Avalanche, Solana, and layer-2 solutions like Arbitrum, Polygon, and Optimism.