BlackRock's BUIDL fund paid $4.17 million in March, with a total dividend of more than $25 million

PANews reported on April 4 that BlackRock's BUIDL fund distributed $4.17 million in dividends in March, setting the largest monthly dividend record for tokenized Treasury funds, according to Cryptoslate. The March record is about twice the peak of $2.1 million set in July 2024. According to the BUIDL issuer Securities report , the record dividend has brought the cumulative dividend payments of BUIDL since its inception to US$25.4 million, reflecting the growing interest of institutions in investing in traditional financial products on-chain.