Source: CryptoNewsNet
Original Title: BlackRock’s BUIDL becomes first tokenized Treasury to pay $100M in dividends
Original Link:
BlackRock’s BUIDL has become the first tokenized US Treasury product to distribute $100 million in lifetime dividends, marking a major milestone for on-chain yield products tied to traditional financial assets.
Key Takeaways:
BUIDL reaches $100 million in lifetime dividends, setting a benchmark for tokenized Treasury products
Securitize’s infrastructure enables compliant on-chain issuance and management of real world asset funds
Product Overview
BUIDL is a tokenized money market fund backed by US Treasury securities and designed to deliver yield directly on blockchain rails.
Infrastructure Support
The infrastructure behind BUIDL is provided by Securitize, a digital asset securities platform focused on tokenizing real-world assets. Securitize enables the issuance, management, and compliance of tokenized securities, allowing BUIDL to operate fully on-chain while maintaining regulatory alignment.
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BlackRock's BUIDL becomes first tokenized Treasury to pay $100M in dividends
Source: CryptoNewsNet Original Title: BlackRock’s BUIDL becomes first tokenized Treasury to pay $100M in dividends Original Link: BlackRock’s BUIDL has become the first tokenized US Treasury product to distribute $100 million in lifetime dividends, marking a major milestone for on-chain yield products tied to traditional financial assets.
Key Takeaways:
Product Overview
BUIDL is a tokenized money market fund backed by US Treasury securities and designed to deliver yield directly on blockchain rails.
Infrastructure Support
The infrastructure behind BUIDL is provided by Securitize, a digital asset securities platform focused on tokenizing real-world assets. Securitize enables the issuance, management, and compliance of tokenized securities, allowing BUIDL to operate fully on-chain while maintaining regulatory alignment.