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Cryptocurrency News Articles

BlackRock Launches its First Direct DeFi Protocol Integration through sBUIDL on the Avalanche Blockchain

May 16, 2025 at 03:05 pm

The integration with Euler Finance announced on May 15, 2025, signifies an important turning point as the world's largest asset manager brings its nearly $3 billion

BlackRock has officially launched its first direct Decentralized Finance (DeFi) protocol integration through sBUIDL on the Avalanche blockchain.

The integration with Euler Finance, announced on May 15, 2025, marks a turning point as the world’s largest asset manager brings its nearly $3 billion tokenized Treasury fund into the composable world of DeFi.

1/ A historic first in DeFi.

BlackRock-backed sBUIDL, issued by @Securitize, is now live on Euler. It's sBUIDL's first ever direct DeFi protocol integration. Curated by @Re7Labs on @Avax.

It's a new chapter in Trad-Fi meets DeFi. 🧵

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Other articles published on May 17, 2025