BlackRock's tokenized fund, known as BUIDL, has achieved significant milestones in its dividend payouts, distributing $2.1 million in July and over $7 million since March.
This fund, which operates on the Ethereum blockchain, is recognized as the largest tokenized fund, offering US dollar yields to its holders. The monthly dividends are part of BlackRock's strategy to enhance liquidity for institutional investors through innovative financial products.
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