BlackRock discloses intent to purchase Uniswap's UNI token, specific purchase amount not yet revealed

BlockBeats News, February 11th, asset management giant BlackRock announced that after deploying BUIDL on the DeFi platform Uniswap, it will purchase Uniswap's UNI token, but did not disclose the specific purchase amount. Analysis pointed out that the actual impact of Uniswap adding BUIDL to its platform may not be significant in the early stage, as the protocol involves Securitize creating a qualified institutional whitelist to allow them to participate in DeFi transactions. The company will also include some liquidity providers, such as Wintermute, in the whitelist to facilitate trading. Meanwhile, BUIDL's access is limited to eligible purchasers, individuals or entities with assets of $5 million or more.