BlackRock Invests in DeFi with Direct Integration on Euler

BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has made its first foray into the decentralized finance (DeFi) market, partnering with Euler Finance on Avalanche to provide direct interaction. This integration is a significant step forward for sBUIDL, which allows investors to utilize DeFi tools while maintaining their exposure to traditional assets. The move involves integrating sBUIDL onto Euler’s platform and unlocks potential yields for users.