BlackRock BUIDL Fund Distributes Over 10 Million USD in May

The tokenized money market fund BUIDL under BlackRock announced a distribution of over 10 million USD in May, setting a new monthly historical record. In the May distribution, the Ethereum network accounted for 93.7% (approximately 9.37 million USD), while other chains accounted for a total of 6.3%. Since its launch, the fund has distributed a total of 43.4 million USD, with current assets under management of 2.91 billion USD, maintaining its position as the world's largest tokenized money market fund. BUIDL was launched in collaboration with Securitize, with investment targets including U.S. Treasury bonds, cash, and repurchase agreements, issuing tokens through seven blockchains including Ethereum and Solana. $BTC