Curve + Elixir + BlackRock: A $533M Bridge Between TradFi and DeFi

Curve Finance, the leading decentralized exchange for stablecoin trading, continues to strengthen its position as the primary liquidity hub for deUSD and other stablecoins. This role is set to expand as BlackRock's $533 million BUIDL fund, along with other institutional funds tokenized by Securitize, will soon access DeFi through Elixir's deUSD protocol.

This collaboration unlocks massive potential: up to $1B in institutional real-world assets (RWAs) can now mint deUSD, a yield-bearing synthetic dollar. Curve already hosts the majority of deUSD trading and liquidity, with $64M (approx. 60% of total liquidity) currently in Curve pools.

Securitize bridges traditional finance and blockchain by tokenizing real-world assets. As an SEC-registered platform, they've already brought over $1 billion in institutional assets on-chain, with BlackRock's $533M BUIDL fund being a flagship example.

The BUIDL fund (BlackRock USD Institutional Digital Liquidity) offers a tokenized version of traditional dollar-based investments:

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