BlackRock's BUID fund distributed $4.17 million in March, with total distributions exceeding $25 million
ChainCatcher news, according to Cryptoslate, BlackRock's BUIDL fund distributed $4.17 million in dividends in March, setting a record for the largest monthly payout for a tokenized government bond fund. The March record is approximately double the $2.1 million peak set in July 2024.According to BUIDL issuer Securitize, this record-breaking dividend brings the total dividend payments for BUIDL since its inception to $25.4 million, reflecting the growing interest of institutions in on-chain investments in traditional financial products.