BlackRock to support BUIDL fund trading on Uniswap

BlackRock plans to list its U.S. Treasury-backed tokenized fund, BUIDL, on Uniswap to facilitate trading among institutional investors, Fortune reported. The asset manager has also reportedly purchased an undisclosed amount of Uniswap's native token, UNI. This initiative is being carried out in collaboration with the security token platform Securitize. According to CoinMarketCap, UNI is currently trading at $4.18, up 24.79%.