BlackRock BUIDL Fund: Paid Out $7 Million in Dividends Since Launch
Publication Time:2024-08-02 06:22:07
Since its launch in March 2024, BlackRock's tokenized dollar institutional digital liquidity fund (BUIDL) has served as an investment vehicle primarily focused on US Treasury securities, cash, and repurchase agreements. The fund aims to provide stable returns and liquidity to meet the diversified needs of institutional investors in the digital asset market. Over the past few months, the BUIDL fund has continued to pay dividends to investors, totaling $7 million, reflecting its strong financial position and fulfillment of its commitment to investors. This achievement highlights the market's recognition of BlackRock's expertise in managing and risk management in the digital assets sector, providing investors with a convenient entry point into the digital assets market.
BlackRock
BUIDL Fund
Tokenized Dollar
Institutional Digital Liquidity
Dividend Payments