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 been an important motivational source for investors.

BUIDL stands out with its current assets valued at over $2 billion. The fund has built a strong portfolio by investing in short-term U.S. Treasury Bills and cash equivalents. With these features, it has emerged as one of the largest tokenized cash products.

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