BlackRock’s BUIDL Fund Crosses $2B as Dividends Reach $100M
BlackRock’s tokenized money market fund BUIDL has crossed a major milestone, distributing roughly $100 million in dividends while growing beyond $2 billion in total assets. The fund, launched in March 2024, invests in short dated U.S. Treasuries, repurchase agreements, and cash equivalents, offering institutional investors blockchain based exposure to traditional money market returns. Shares of […]