BlackRock backed tokenized fund BUIDL paid dividends of $4.17 million in March

Odaily Planet Daily News: BUIDL, a tokenized fund supported by BlackRock, paid a dividend of $4.17 million in March this year. The on chain fund is issued by Securitize and has distributed approximately $25.4 million in dividends since its establishment a year ago. BUIDL provides 24/7 access and exposure to real-world assets (RWA), such as government debt, through blockchain technology, thereby alleviating traditional market limitations such as limited trading times and slow settlements. BlackRock's products utilize this tokenization technology, matching real-time liquidity for investors using a decentralized network and providing daily passive income through idle cash. （The Block）