BlackRock BUIDL Fund paid out over $10 million in dividends in May, setting a new monthly record

This article is machine translated
Show original
According to Bitcoin News, the tokenized money market fund BUIDL, launched by BlackRock and Securitize, has distributed over $43.4 million in dividends to qualified investors since its launch. In May alone, the monthly dividend payout exceeded $10 million for the first time, primarily distributed on ETH (approximately $9.37 million). The current fund size of BUIDL has reached $2.91 billion, with its main custodians including Anchorage, Coinbase, and BNY Mellon. The investment threshold is $5 million for individuals and $25 million for institutions, and it is only open to qualified investors who have passed KYC/AML review.


Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments