BlackRock BUIDL Fund paid out over $10 million in dividends in May, setting a new monthly record
according to Bitcoin.com, BUIDL, a tokenized currency market fund under BlackRock, announced a dividend of over $10 million in May, setting a new monthly record. The fund has paid out a total of $43.4 million since its launch, with current assets under management of $2.91 billion. BUIDL was launched in partnership with BlackRock and Securitize, with investment targets including US Treasury bonds, cash, and repurchase agreements, issuing tokens on 7 blockchains such as Ethereum and Solana. In the May dividend, Ethereum network tokens accounted for 93.7% (approximately $9.37 million), with the remaining chains accounting for 6.3%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
UK FCA Proposes Lifting Retail cETN Ban
U.S. Adds 139,000 Jobs, Market Reactions Mixed
U.S. Unemployment Stable, Crypto Market Assessing Implications
US-South Korea Leaders Discuss Tariff Resolution with Potential Crypto Market Implications
Trending news
MoreCrypto prices
More








