BlackRock, a leading asset management firm, has announced plans to purchase Uniswap's UNI tokens following the deployment of BUIDL on the DeFi platform Uniswap. The company has not disclosed the specific quantity of UNI tokens it intends to acquire. The integration of BUIDL into Uniswap is expected to have limited initial impact, as it involves Securitize creating a whitelist of eligible institutions for DeFi trading. This whitelist includes market makers like Wintermute to facilitate transactions. Access to BUIDL is restricted to qualified purchasers with assets of $5 million or more.
BlackRock to Acquire Uniswap Tokens Following BUIDL Deployment
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
