Traditional financial institutions such as BlackRock and Citadel accelerate investment in DeFi governance tokens

According to The Block, traditional financial institutions such as BlackRock, Citadel Securities, and Apollo Global Management have recently accelerated their deployment in the decentralized finance (DeFi) sector by purchasing governance tokens to strengthen their participation in related infrastructure. BlackRock launched the tokenized treasury fund BUIDL through UniswapX and acquired UNI tokens; Citadel supports LayerZero’s “Zero” blockchain and purchased ZRO tokens; Apollo reached an agreement with Morpho, planning to acquire 90 million MORPHO tokens over the next 48 months, accounting for about 9% of the total supply. Analysts believe these transactions are aimed at securing usage rights to DeFi infrastructure rather than simply betting on token value.