BlackRock BUIDL Fund paid dividends of over $10 million in May, setting a new monthly record

PANews reported on June 4 that Bitcoin.com reported that BlackRock's tokenized money market fund BUIDL announced a dividend of more than $10 million in May, setting a new monthly record. The fund has paid a total of $43.4 million in dividends since its launch, and currently has a management scale of $2.91 billion, maintaining its position as the world's largest tokenized money fund.

BUIDL was launched by BlackRock and Securitize. Its investment targets include U.S. Treasury bonds, cash and repurchase agreements. It issues tokens through seven blockchains including Ethereum and Solana. In May, the Ethereum network accounted for 93.7% (about 9.37 million U.S. dollars) of the dividends, and the remaining chains accounted for 6.3% in total. The fund is only open to qualified investors, with a minimum investment threshold of 5 million U.S. dollars for individuals and 25 million U.S. dollars for institutions. The assets are managed by institutions such as BNY Mellon.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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