BlackRock BUIDL Fund paid dividends of more than $10 million in May

Mars Finance News, BlackRock's tokenized money market fund BUIDL announced that its May distribution exceeded $10 million, creating a new monthly historical high. In the May distribution, the Ethereum network accounted for 93.7% (approximately $9.37 million), with the remaining chains collectively accounting for 6.3%. Since its launch, the fund has cumulatively distributed $43.4 million, with a current management scale of $2.91 billion, maintaining its position as the world's largest tokenized money market fund. BUIDL was launched by BlackRock in collaboration with Securitize, with investment targets including U.S. Treasuries, cash, and repurchase agreements, and issued tokens across 7 blockchain networks including Ethereum and Solana. (Bitcoin.com)