BlackRock BUIDL Fund Has Paid $7 Million in Dividends Since Launch

BlockBeats reported that on August 2, BlackRock's Tokenized Dollar Institutional Digital Liquidity Fund (BUIDL), an investment tool that holds U.S. Treasury bills, cash and repurchase agreements, has paid investors $7 million in dividends since the launch of the investment fund in March 2024.

According to asset tokenization company Securitize, BUIDL paid investors $265,400 in dividends in March, $1.21 million in April, $1.67 million in May, $1.82 million in June, and $2.12 million in July.

BlackRock's BUIDL fund surpassed Franklin Templeton's Franklin OnChain U.S. Government Money Fund (BENJI) in April 2024 to become the world's largest tokenized government debt investment fund.