BlackRock BUIDL Fund paid dividends of more than $10 million in May

Odaily News BlackRocks tokenized money market fund BUIDL announced a dividend of more than $10 million in May, setting a new monthly record. In May, the Ethereum network accounted for 93.7% (about $9.37 million), and the remaining chains accounted for 6.3% in total. Since its launch, the fund has paid out a total of $43.4 million in dividends, and currently has $2.91 billion under management, maintaining its position as the worlds largest tokenized money fund. BUIDL was launched by BlackRock in cooperation with Securitize. Investment targets include U.S. Treasuries, cash and repurchase agreements, and tokens are issued through seven blockchains including Ethereum and Solana. (Bitcoin.com)