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BlackRock's 'BUIDL' Connects with DeFi for the First Time Using Avalanche

2025/05/16 17:02 (Updated 2025/05/17 07:01)
CoinPost
Written by A.Yamada
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BlackRock's 'BUIDL' Connects with DeFi for the First Time Using Avalanche

sBUIDL Listed on Euler

On the 15th, Securitize, tasked with tokenizing BlackRock's U.S. bond fund 'BUIDL', announced that BUIDL has for the first time connected with a decentralized finance (DeFi) protocol, operating on the Avalanche (AVAX) blockchain.

This development is regarded as a significant step towards the adoption of DeFi by institutional investors.

The ERC20 token 'sBUIDL', issued through Securitize's 'sToken Vault' technology, has been incorporated into the lending protocol 'Euler' on Avalanche's blockchain...

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