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BlackRock’s BUIDL Fund Integrates Directly with DeFi Protocol on Avalanche

  • BlackRock’s BUIDL Fund integrates directly with DeFi lending protocol Euler on Avalanche, marking institutional entry into DeFi.
  • Securitize’s sBUIDL token, backed by BUIDL shares, can now be used as collateral on Euler, enabling borrowing and earning AVAX rewards.
  • Avalanche's fast, low-cost, EVM-compatible network chosen for efficiency and scalability in institutional investment.
  • BlackRock's move signals mainstream adoption of DeFi by traditional financial institutions, providing stability and yield opportunities.

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