BlackRock's BUIDL Token Surpasses $2B in Assets and Distributes $100M in Dividends

BlackRock's digital asset fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), has achieved two significant milestones. The fund's total assets under management (AUM) have now exceeded $2 billion, solidifying its position as a major player in the tokenized treasury space. Concurrently, BUIDL has distributed over $100 million in dividends to its investors since its launch. This growth underscores the increasing institutional demand for blockchain-based financial products that offer yield and liquidity. The fund invests in U.S. Treasury bills, repurchase agreements, and cash, providing a stable value pegged to the U.S. dollar. The success of BUIDL highlights the accelerating trend of tokenization in traditional finance (TradFi) and BlackRock's expanding role in the digital assets ecosystem.