BlackRock Drops a Token on Uniswap, the Uni-verse Goes Zany!

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In the grand tradition of financial chaos meeting showbiz, Uniswap’s UNI token surged about 40% in a mere half-hour after Uniswap Labs announced that BlackRock’s tokenized money market fund BUIDL can now trade through its protocol. It’s the kind of news that makes your portfolio say, “Hello, I’m here to party-and perhaps confuse a few auditors.”

One of the world’s largest asset managers is now rubbing elbows with a decentralized exchange-the collision nobody saw coming outside of a late-night in-house comedy special. Traders and institutional watchers alike leaned in as the buzz spread faster than a rumor in a fondue fountain.

BlackRock Fund Trades Live on Uniswap Rails

In a February 11 press release, Uniswap Labs announced a partnership with Securitize to make BlackRock’s USD Institutional Digital Liquidity Fund available for trading via UniswapX, its elegant little “request-for-quote” system. The plan: investors swap BUIDL with approved counterparties at any time using smart contracts for settlement-because nothing says romance like programmable money with a security seal.

Hayden Adams, CEO of Uniswap Labs, says the integration aims to make markets cheaper and faster, while Securitize CEO Carlos Domingo says it brings traditional financial standards to blockchain-based trading-like putting a tuxedo on a blockchain browser.

BlackRock’s global head of digital assets, Robert Mitchnick, called the launch “a notable step” for tokenized funds interacting with decentralized finance systems. The asset manager also confirmed an investment within the Uniswap ecosystem, though it did not disclose the amount or whether it bought UNI tokens-sure, why spill the punchline before the joke?

Market reaction followed quickly, with UNI rising by more than 40% in about 30 minutes to touch $4.57 after the announcement and the BlackRock involvement rumor mill started spinning like a gurney at a stock exchange deli.

As of the latest CoinGecko data, the excitement around the token seems to have cooled somewhat, with UNI trading near $3.40, still up about 5% over 24 hours-proof that even meteoric jumps need a little gravity to keep the punchline from flying over the crowd.

Despite the short-term spike, the token is still down about 9% over seven days and more than 35% in the past month, showing that the spike came after a longer decline-like a comedy reprise that interrupts the tragedy with a pratfall, then exits stage left.

Tokenized Assets Keep Drawing Major Finance Firms

The integration fits a broader trend: institutions bringing financial products onto public blockchains. Earlier in the year, Ethereum’s official account on X noted that 35 major firms, including BlackRock, JPMorgan, and Fidelity, have launched services tied to the network. Those projects range from tokenized stocks and funds to stablecoins and deposit tokens-proof that even the old-line finance crowd wants to crash the blockchain party, with tickets at the door and a souvenir token.

Securitize, which manages more than $4 billion in assets, has worked with asset managers such as Apollo, KKR, and BNY to tokenize funds. By linking its compliance-focused platform with Uniswap’s trading system, the companies are testing a structure where regulated investors can access blockchain liquidity while staying within whitelisted environments-a velvet rope for the digital casino.

UNI’s recent price swings show how closely traders track institutional activity tied to decentralized finance-like a chorus line counting beats to a Broadway-number while hedge funds heckle from the mezzanine.

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2026-02-12 13:20