BlackRock BUIDL Distributed $100M in Dividends, Assets Exceeded $2B

BlackRock's BUIDL Fund Achieves Success in Dividend Distribution

BlackRock’s tokenized money market fund BUIDL has made a$100 million dividend payment since its launch in March 2024. This performance has become a significant source of motivation for investors.

BUIDL stands out with assets currently valued at over $2 billion. The fund creates a robust portfolio by investing in short-term U.S. Treasury Bills and cash equivalents. Thanks to these features, it stands out as one of the largest tokenized cash products.

BUIDL tokens are utilized in the crypto market infrastructure and as collateral. This situation serves as a bridge between traditional finance and blockchain technology.