BlackRock's BUIDL Shines Bright with $2.1M Dividend Payout
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BlackRock has dominated the tokenized asset market with record returns. BlackRock’s success has demonstrated tokenization as the future of finance. Tokenized assets have driven innovation and growth in decentralized finance. BlackRock's foray into digital assets continues to yield impressive results. BlackRock USD Institutional Digital Liquidity Fund (BUIDL) has distributed a record $2.12 million in dividends to investors in July, a 16% increase from the previous month. Since its launch in March 2024, BUIDL has paid out over $7 million in total dividends. The fund, which operates on the Ethereum blockchain, allows investors to hold digital representations of U.S. Treasury
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