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Cointelegraph by Sam Bourgi

BlackRock's BUIDL hits $100 million in onchain dividends; launched in March 2024

BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) has reached $100 million in cumulative onchain dividend payouts, announced Monday by its issuer Securitize. Launched in March 2024 on Ethereum, BUIDL invests in short‑term U.S. dollar assets and has expanded to six additional blockchains, with assets peaking above $2.8 billion in October.
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