Here’s How Much BlackRock’s Tokenized USD Fund Has Paid Out in Dividends

Since its launch in March 2024, BlackRock’s tokenized USD Institutional Digital Liquidity Fund (BUIDL) has delivered $7 million in dividends.

This fund, which invests in U.S. Treasury Bills, cash, and repurchase agreements, has seen increasing monthly dividend payouts, reaching $2.12 million in July alone.

In April, BUIDL overtook Franklin Templeton’s BENJI fund to become the largest tokenized government debt fund. By July 2024, BUIDL had accumulated $500 million in investments, maintaining its top position in the market.

The trend of tokenizing financial assets continues to grow, with Goldman Sachs planning to introduce new tokenized products focused on U.S. and European debt markets next year.

The U.S. national debt has now surpassed $35 trillion, prompting some analysts to predict that this could drive investors toward Bitcoin as a safeguard against inflation.

Meanwhile, former U.S. Speaker Paul Ryan suggests that demand for tokenized U.S. debt instruments might help support the value of the dollar.