Blackrock expands buidl a defi with integration in Euler Finance of Avalanche

Blackrock carries its tokenized background Buidl To the world DEFI With a direct integration into the protocol Euler Finance, which operates Avalanche This alliance will allow to use Sbuidl as collateral and win rewards in Avax.

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• Euler It now allows us to use Sbuidl as a loan guarantee DEFI
• Blackrock Sum already USD $ 3 billion in your tokenized fund Buidl
• Users can win Avax When asking for loans against Sbuidl

Blackrock, The world’s largest asset manager has taken a firm step towards decentralized finances (Defi) With a direct integration of your product Buidl, Your tokenized background, in the protocol Euler Finance of the network of Avalanche

Buidl It reaches Euler Finance

According to several published reports, this would be the first time Buidl It connects with a protocol DEFI Natively. Let us keep in mind that it is the tokenized fund administered by Blackrock, which has almost USD $ 3 billion in assets, among which mainly are bonds of the US Treasury.

Regarding integration with Euler Financethis was possible thanks to the efforts of RE7 labs, and relies on the framework “Stoken” designed by Securitize. Therefore, the asset was developed Sbuidl To be able to operate in the protocol.

Sbuidl It is a tokenized version in format ERC-20 bottom Buidl of Blackrock. It is totally redeemable by the underlying fund and, now, it can also be used as a collateral for protocols Defi, Starting with Euler on the network Avalanche

According to reports, users who deposit Sbuidl as a guarantee in Euler They may request loans in USDC either AUSD. In addition to obtaining the performance generated by the traditional fund of Buidl, They will also receive rewards in Avax, The native token of Avalanche

Euler He explained that this integration makes Buidl in “A componable ERC-20, which allows Ochain utility without compromising your exchange capacity.”

Euler Finance and his return to the market

Euler Finance It is a decentralized protocol of unified loans based on EVM. In March 2023, he suffered a Flash loan attack for USD $ 197 million, due to vulnerability in one of the functions of his funds, which did not include liquidity verifications. This allowed the attacker to manipulate the collateral tokens and system debt.

After months of review, Euler He relaunched his protocol in September 2024 with a new modular architecture oriented to developers. By March 2025, the protocol had already accumulated more than USD $ 387 million in deposits.

This integration with Blackrock It represents an important vote of confidence for the new version of the protocol, reinforcing its reputation after the incident of the previous year.

Securitize, company specialized in traditional financial asset tokenization, was responsible for developing the framework Stoken on which it is based Sbuidl. This framework allows to maintain the capacity for complete redemption while the onchain use of the asset is enabled, a key feature for institutions that seek to explore DEFI without giving up custody or traditional regulations.

With this collaboration, the tendency to integrate real world assets is strengthened (RWA) Within the ecosystem DEFI. The possibility of using regulated financial instruments as a guarantee in decentralized protocols represents a bridge between traditional finances and innovations Blockchain.

Avalanche as infrastructure

For its part Avalanche, The network bLockchain on which this integration operates, has been chosen by its speed, compatibility with EVM and its institutional approach. When using Sbuidl in Euler Within this ecosystem, users not only access the liquidity of their sector Defi, but they also receive incentives in Avax, reinforcing the adoption of this network.

This also indicates a broader strategy: Blackrock and its partners are exploring how to maximize the usefulness of the tokenized financial instruments through their integration in environments with high performance and decentralized liquidity.

Together, this alliance between Blackrock, Euler, Securitize and Avalanche marks a milestone in the evolution of the ecosystem DEFI. It reinforces the notion that traditional assets can live and operate flexibility in decentralized environments, without compromising the institutional standards that support them.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Unspash

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