BlackRock’s Tokenized BUIDL Fund Has Paid $7 Million in Dividends Since Launch

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BlackRock’s tokenized United States Dollar Institutional Digital Liquidity Fund (BUIDL) has paid investors $7 million in dividends since the launch of the investment fund in March of 2024. BUIDL paid investors $265,400 in dividends in March, $1.21 million in April, $1.67 million in May, $1.82 million in June, and $2.12 million in July. BlackRock’s BUIDL fund surpassed Franklin Templeton’s Franklin OnChain US Government Money Fund (BENJI) in April 2024, becoming the world’s largest tokenized government debt investment fund. BUIDL later recorded $500 million in capital invested into the fund in July 2024.