BlackRock’s BUIDL becomes first tokenized Treasury to pay $100M in dividends

Key Takeaways

  • BlackRock’s BUIDL reaches $100 million in lifetime dividends, setting a benchmark for tokenized Treasury products.
  • Securitize’s infrastructure enables compliant on chain issuance and management of real world asset funds.

BlackRock’s BUIDL has become the first tokenized US Treasury product to distribute $100 million in lifetime dividends, marking a major milestone for on-chain yield products tied to traditional financial assets.

BUIDL is a tokenized money market fund backed by US Treasury securities and designed to deliver yield directly on blockchain rails.

The infrastructure behind BUIDL is provided by Securitize, a digital asset securities platform focused on tokenizing real-world assets. Securitize enables the issuance, management, and compliance of tokenized securities, allowing BUIDL to operate fully on-chain while maintaining regulatory alignment.

Source: https://cryptobriefing.com/blackrock-buidl-tokenized-treasury-100m-dividends/