BlackRock’s BUIDL pays $100M in on‑chain dividends as tokenized fund tops $2B AUM across multiple chains
first published 2025-12-29T18:26:42Z
Securitize says the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), launched March 2024, has distributed $100 million in cumulative on‑chain dividends to token holders. Initially issued on Ethereum and since expanded to six additional chains (including Solana, Aptos, Avalanche and Optimism), BUIDL issues dollar‑pegged tokens that receive programmable, on‑chain payouts and invests in short‑term USD assets (T‑bills, repos, cash equivalents). The fund surpassed $2 billion in tokenized assets earlier this year and peaked at $2.8 billion, highlighting tokenized securities operating at scale and blockchain efficiencies (faster settlement, transparent ownership, programmable payouts) even as regulators and institutions assess liquidity and operational risks flagged by the BIS.
AI Analysis
The story reports concrete on‑chain and fund metrics: $100M in cumulative on‑chain dividends, issuance across Ethereum plus six other chains (including Solana, Aptos, Avalanche, Optimism), and >$2B in tokenized assets (peaked $2.8B). These facts indicate growing scale and operational use of tokenized securities, supporting a cautiously bullish view but not an immediate market-moving catalyst for short‑term traders.
Expected Investor Sentiment: Bullish
Potential Market Impact: Significant