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Uniswap has announced the integration of BlackRock's $2.2 billion Institutional Digital Liquidity Fund (BUIDL) onto its UniswapX platform. This significant move, facilitated through a partnership with Securitize, allows BUIDL holders to seamlessly swap their tokens for USDC. The process utilizes an on-chain request-for-quote (RFQ) system involving allowlisted market makers. This development marks a pivotal step in connecting traditional finance with the decentralized finance ecosystem. It is expected to enhance institutional engagement and liquidity within the DeFi space, particularly benefiting Uniswap and the broader tokenized asset market. The integration underscores a growing trend of major financial players entering the blockchain realm.
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