• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
BlackRock's Tokenized Money Market Fund Achieves $100 Million in Dividends

BlackRock's Tokenized Money Market Fund Achieves $100 Million in Dividends

user avatar

by Zainab Kamara

3 months ago


BlackRock's USD Institutional Digital Liquidity Fund, known as BUIDL, has achieved a remarkable milestone by distributing $100 million in cumulative dividends since its inception. This development underscores the increasing institutional interest in tokenized securities and their practical applications in the financial sector, as the publication demonstrates positive momentum in the developments.

Introduction to BUIDL

Launched in March 2024, BUIDL operates on the Ethereum blockchain and focuses on investing in short-term, US dollar-denominated assets, such as US Treasury bills and cash equivalents. Investors have the opportunity to purchase BUIDL tokens, which are pegged to the US dollar, and receive dividend distributions directly on-chain, enhancing the efficiency of transactions.

Expansion and Institutional Interest

The fund's success is further highlighted by its expansion to six additional blockchains, showcasing the operational efficiencies that blockchain technology can provide. This growth has attracted significant attention from large asset managers, indicating a shift towards more innovative financial products in the institutional investment landscape.

On December 29, 2025, SQD Network introduced its Revenue Pools initiative, aiming to transform blockchain infrastructure funding through stablecoin subscriptions. This development contrasts with BlackRock's recent success in tokenized securities, highlighting the evolving landscape of blockchain finance. For more details, see read more.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum Active Addresses Hit New Record High

chest

Recent data indicates that the Ethereum network has achieved a new all-time high in its 30-day moving average of Active Addresses, suggesting a surge in user activity.

user avatarKenji Takahashi

Ethereum Spot ETFs Face Negative Netflow Trend

chest

Ethereum spot exchange-traded funds (ETFs) have experienced a shift in netflow trends, moving back to negative after an earlier positive streak.

user avatarDiego Alvarez

Virtuals Protocol and t54 Launch Agent Commerce on XRP Ledger

chest

Virtuals Protocol and t54 have announced the integration of agent commerce into the XRP Ledger, enabling AI agents to transact using escrowed jobs and programmable settlements.

user avatarMaria Fernandez

South Korean Opposition Party Seeks to Abolish Cryptocurrency Tax

chest

The South Korean opposition party has introduced a bill to abolish the planned 22% capital gains tax on cryptocurrencies, arguing it creates unfair disparity compared to stock investors.

user avatarRajesh Kumar

Coinbase Expands Global Offerings with Stock Perpetual Futures

chest

Coinbase has launched stock perpetual futures for non-US traders, allowing 24/7 trading of major tech stocks as part of its strategy to integrate crypto and traditional assets.

user avatarGustavo Mendoza

Grayscale Moves to Launch HYPE ETF Following SEC Application

chest

Grayscale has submitted an S1 registration form for the Grayscale HYPE ETF, aiming to trade on NASDAQ under the GHYP symbol.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.