BlackRock's BUIDL Fund Distributes Over $10 Million in May, Setting a New All-Time Monthly Record

On June 4th, as reported by Bitcoin.com, Belridge's tokenized currency market fund BUIDL announced that it had made a dividend payment of over $10 million in May, hitting a new monthly high. Since its launch, the fund has distributed a total of $43.4 million in dividends, and the current assets under management amount to $2.91 billion, maintaining its status as the world's largest tokenized currency fund. BUIDL, launched by Belridge in cooperation with Securitize, invests in U.S. Treasury bonds, cash, and repurchase agreements and issues tokens on 7 blockchains such as Ethereum and Solana. In the May dividend payment, the Ethereum network accounted for 93.7% (approximately $9.37 million), while the remaining chains accounted for 6.3%. The fund is only open to qualified investors. The minimum investment threshold for individuals is $5 million, and for institutions, it is $25 million. The assets are held in custody by institutions such as BNY Mellon.