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UNI price jumps as BlackRock’s BUIDL token lists on Uniswap, but risks remain

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BlackRock’s BUIDL token lists on Uniswap
BlackRock’s BUIDL token lists on Uniswap
  • Uniswap (UNI) price surged on BUIDL news but quickly pulled back as momentum faded.
  • Institutional access boosts Uniswap’s profile but remains tightly restricted.
  • Whale activity before the news raised insider trading concerns.

Uniswap’s UNI token experienced a sharp price surge after the announcement of the listing of BlackRock’s BUIDL token on the protocol.

UNI briefly rallied toward the $4.50 region before losing momentum and pulling back, reflecting a mix of excitement and caution among traders.

Alongside the optimism, concerns have emerged that could limit sustained upside for the UNI price.

BlackRock’s BUIDL listing on Uniswap brings institutional credibility

BlackRock’s BUIDL token is a treasury-backed, tokenised money market fund designed for institutional investors.

By enabling BUIDL to be traded through Uniswap’s infrastructure, the protocol has taken a significant step toward hosting real-world assets on-chain.

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This integration relies on a request-for-quote model rather than open liquidity pools, reflecting the compliance needs of large financial institutions.

Only whitelisted market makers and qualified investors are allowed to participate in these trades.

As a result, the integration showcases Uniswap as an execution and settlement layer rather than a fully permissionless marketplace in this case.

For UNI holders, the announcement strengthened the narrative that Uniswap can benefit from institutional adoption without changing its core architecture.

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The market responded quickly, pushing UNI higher as traders priced in potential long-term fee growth and relevance.

UNI price surge followed by a pullback

UNI’s rapid surge was followed by an equally notable pullback, suggesting many traders treated the rally as a short-term opportunity rather than a structural shift in valuation.

Volume spiked sharply during the surge, indicating aggressive positioning from both buyers and sellers.

Then, soon after, selling pressure increased as the price failed to hold above key resistance levels.

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The pullback has returned UNI closer to its recent trading range, despite the significance of the announcement.

This behaviour reflects a market that is still cautious about translating institutional experiments into lasting token value.

It also highlights that Uniswap’s fundamentals, while improving, remain exposed to broader crypto market sentiment.

Insider trading concerns

Adding complexity to the situation were reports of large UNI movements shortly before the BlackRock-related news became public.

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A long-dormant whale wallet reportedly moved millions of UNI tokens after years of inactivity.

The timing of this transfer raised speculation that some market participants may have had early knowledge of the announcement.

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While no evidence confirms wrongdoing, the optics alone were enough to spark debate.

Insider trading concerns can undermine confidence, especially when institutional names are involved.

For regulators and institutional investors, perception matters almost as much as facts.

Any lingering doubts about fairness or information asymmetry could limit follow-through buying.

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This risk sits alongside the structural limitation that BUIDL access remains restricted to institutions.

Retail traders may benefit indirectly, but they are not participants in the actual BUIDL market.

Uniswap price forecast

UNI is now trading well below its recent peak, placing technical levels back at the centre of attention.

The first key support zone lies around the $3.20 to $3.30 area, where buyers previously stepped in.

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A sustained break below this range could expose UNI to deeper downside toward the psychological $3.00 level.

Below that, the $2.80 to $2.90 region stands out as a major support that aligns with prior consolidation.

On the upside, traders will watch the $3.80 to $4.00 zone as near-term resistance.

A clean move above $4.00 would signal renewed bullish momentum and open the door for a retest of $4.50.

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Failure to reclaim these levels would suggest the BlackRock-driven rally has fully cooled.

For now, UNI sits at a crossroads where strong narratives compete with technical weakness.

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Crypto World

Franklin Templeton Expands Crypto Arm With CoinFund Deal

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Franklin Templeton Expands Crypto Arm With CoinFund Deal

Global asset manager Franklin Templeton is set to expand its crypto footprint by acquiring a spinoff of the crypto-native investment firm CoinFund.

Franklin Templeton said Wednesday it plans to acquire 250 Digital, a CoinFund spinoff that runs liquid crypto investment strategies, expanding the asset manager’s digital asset business. The deal will form part of a new unit called Franklin Crypto once it closes.

The move follows CoinFund’s decision earlier this year to spin out its liquid strategies business into 250 Digital as the company sharpened its focus on venture investing.

Christopher Perkins will lead the new Franklin Crypto, and Seth Ginns will serve as chief investment officer alongside Franklin Templeton digital assets veteran Tony Pecore, as the company broadens its crypto investment platform for institutional clients.

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The deal will incorporate BENJI tokens, which represent ownership shares in the Franklin OnChain US Government Money Fund (FOBXX), a regulated money market fund tokenized by Franklin Templeton in 2021.

Acquisition involves all liquid strategies previously run by CoinFund

Franklin said the undisclosed transaction includes the 250 Digital investment team and all liquid cryptocurrency strategies previously run by CoinFund, and that it will also invest in those strategies as part of the agreement.

The transaction is expected to close in the second quarter of 2026, subject to the execution of definitive transaction agreements, client consents and other customary closing conditions.

Source: Franklin Templeton Digital Assets

Franklin Templeton’s digital asset arm manages around $1.8 billion in assets and is a major institutional player in the crypto industry, where it has been building a presence since 2018.

The company is known for being one of the first to launch a US-listed spot Bitcoin ETF alongside other major asset managers such as BlackRock in 2024.

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Related: Franklin Templeton, Ondo to launch tokenized ETFs with 24/7 trading via crypto wallets

The acquisition comes during a prolonged slump in the crypto market, with Bitcoin down around 45% from its peak above $126,000 recorded in October 2025.

However, Franklin Templeton says the environment is attracting talent and creating opportunities to build long-term infrastructure.

Franklin’s head of innovation, Sandy Kaul, told The Wall Street Journal the recent market selloff helped create an opening to expand.

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“This big selloff that we had in the crypto markets is creating a very unique opportunity that really made us all decide that this is the right time to pull the trigger,” Kaul said.

Magazine: A newbie’s guide to surviving crypto winter