BlackRock BUIDL Dividends Hit $100M as Tokenized Fund Surpasses $2B AUM

Institutional finance just hit a massive on-chain milestone. BlackRock’s tokenized money market fund, BUIDL, has distributed $100 million in dividends since its inception, proving that blockchain-based finance can deliver at scale. The fund's success highlights a growing appetite for regulated, yield-bearing digital assets.

Rapid Growth of BlackRock BUIDL to $2B in Assets

Since launching in March 2024, BUIDL has quickly scaled to over $2 billion in assets under management (AUM). According to Securitize, the fund’s transfer agent, the product has become a cornerstone of the tokenized treasury market. It invests in short-dated U.S. Treasuries and cash equivalents, providing a bridge between traditional yields and crypto infrastructure.

Beyond Yield: BUIDL as Market Infrastructure

BUIDL isn't just a passive investment. It’s becoming part of the crypto market's plumbing. The tokens are used as collateral for Ethena’s USDtb stablecoin and integrated into various trading and financing arrangements. This utility allows institutions to maintain dollar exposure while earning yield on-chain without moving back to traditional banking rails.