PANews
PANews|Jun 04, 2025 14:28
BlackRock BUIDL Fund paid out over $10 million in May, setting a new monthly record high According to http://(Bitcoin. com), BUIDL, a tokenized money market fund under BlackRock, announced a dividend payout of over $10 million in May, setting a new monthly record. Since its launch, the fund has accumulated dividends of $43.4 million and currently manages a scale of $2.91 billion, maintaining its position as the world's largest tokenized money market fund. BUIDL is launched by BlackRock in cooperation with Securitize. Its investment targets include US treasury bond bonds, cash and repurchase agreements. It issues tokens through seven blockchains, including Ethereum and Solana. In the May dividend payout, the Ethereum network accounted for 93.7% (approximately $9.37 million), while the remaining chains accounted for a total of 6.3%. This fund is only open to qualified investors, with a minimum investment threshold of $5 million for individuals and $25 million for institutions. The assets are managed by institutions such as BNY Mellon.
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