BlackRock’s BUIDL becomes first tokenized Treasury to pay $100M in dividends
Crypto Briefing
BlackRock's tokenized Treasury fund, BUIDL, has paid out $100 million in cumulative dividends.Summary
BlackRock’s BUIDL, a tokenized money market fund backed by US Treasury securities, has achieved a significant milestone by becoming the first tokenized Treasury product to distribute $100 million in lifetime dividends. This achievement highlights the growing institutional demand for on-chain yield products linked to traditional financial assets. The fund's infrastructure is managed by Securitize, a platform specializing in the compliant, on-chain issuance and management of tokenized real-world assets, ensuring BUIDL operates fully on-chain while adhering to regulatory standards.
(Source：Crypto Briefing)