BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) has distributed $17.2 million in dividends since its launch in March 2024. The fund, available on six leading blockchains, provides institutional players with exposure to BUIDL. With a total asset value of $648.55 million, Ethereum dominates with $479.20 million. BlackRock's involvement in tokenization has played a crucial role in exposing decentralized finance (DeFi) to the traditional finance industry. The success of BUIDL has led to increased interest in cryptocurrency ETFs and the tokenization of real-world assets.



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