BlackRock's BUIDL Fund Disburses Over $62.5 Million in Dividends

The BlackRock BUIDL Fund has distributed $62.5 million in dividends, with $9.3 million in July, across seven blockchain platforms, showcasing its investment diversity.

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Summary

Securitize reported that BlackRock's BUIDL Fund has paid out over $62.5 million in dividends, including $9.3 million in July. The fund operates on seven blockchains: Aptos, Arbitrum, Avax, Ethereum, Optimism, Polygon, and Solana. On the Aptos chain, the average daily dividend has reached $157,170.

Terms & Concepts
  • BUIDL fund: A fund by BlackRock focused on investments in blockchain technologies and related projects.
  • blockchains: Distributed digital ledgers that record transactions across many computers, ensuring security and transparency.
  • Aptos: A blockchain platform designed for high throughput and low latency transactions, supporting diverse applications.