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Nellius Irene

BlackRock's BUIDL tokenized money market fund distributes about $100M dividends since March 2024 launch

BlackRock's BUIDL tokenized money market fund has distributed around $100 million in dividends since its launch in March 2024, according to Securitize. The onchain fund has grown beyond $2 billion in assets, expanded from Ethereum to several other major blockchains, and is fueling debate over the risks and growth prospects of tokenized money market products.
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