Uniswap Labs and Securitize have announced a new partnership with financial giant BlackRock to enhance DeFi liquidity for institutional investors through BlackRock's USD Institutional Digital Liquidity Fund, also known as BUIDL.
Following the announcement, the price of Uniswap's native token, UNI, surged by 27% from around $3.30 to $4.36, before retracing to $3.81 by press time.
To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
