BlackRock’s $3 Billion Tokenized Treasury Fund sBUIDL Integrates With Euler on Avalanche Using Securitize sToken and Chainlink

By: bitcoin ethereum news|2025/05/16 09:15:05
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BlackRock has launched the first direct decentralized finance (DeFi) integration of its nearly $3 billion tokenized Treasury fund, sBUIDL, with Euler Finance on the Avalanche blockchain network BlackRock has launched the first direct decentralized finance (DeFi) integration of its nearly $3 billion tokenized Treasury fund, sBUIDL, with Euler Finance on the Avalanche blockchain network. The sBUIDL token, issued by Securitize using its sToken vault technology, is now available as on-chain collateral for lending and borrowing on Euler. This integration enables the previously restricted BUIDL fund, which is an ERC-20 standard token, to be used within DeFi protocols. The move marks a notable step in the composability of traditional finance and DeFi. The sBUIDL tokens on Euler are secured by Chainlink data feeds, ensuring reliable pricing and security for users. The integration was curated by Re7Labs on the Avalanche network, with expectations that other DeFi platforms like Aave may follow suit in accepting sBUIDL tokens for lending and borrowing. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz. Source: https://thedefiant.io/news/defi/blackrocks-3-billion-tokenized-treasury-fund-sbuidl-integrates-euler-on-using-a027b803

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