Hassan Maishera
On Wednesday, the Uniswap team announced in a blog post that it has partnered with Securitize to make BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) available to trade via UniswapX through Securitize.
This integration will enable on-chain trading of BUIDL, both unlocking new liquidity options for BUIDL holders and marking a significant step in bridging the gap between traditional finance and DeFi.
Securitize Markets will facilitate trading for any BUIDL investor who elects to participate through UniswapX’s RFQ framework. The automated system enables participants to identify the most competitive quote from an ecosystem of whitelisted market participants known as subscribers (including Flowdesk, Tokka Labs, and Wintermute), and settles the trade atomically onchain through immutable smart contracts.
With this integration of UniswapX and Securitize, investors now have the option to access available quotes across the market to swap BUIDL bilaterally with available whitelisted subscribers 24/7, 365 days a year.
Uniswap is a decentralized exchange protocol built on Ethereum. To be more precise, it is an automated liquidity protocol. No order book or centralized party is required to make trades. UNI, the native token of Uniswap, is currently trading at $3.466, up 3% in the last 24 hours.
