BlackRock's BUIDL Token Surpasses $2B in Assets, Distributes $100M in Dividends
The BlackRock BUIDL token has reached over $2 billion in assets and distributed $100 million in dividends, according to reports. BUIDL tokens are reportedly utilized within crypto market infrastructure and as collateral, serving as a bridge between traditional finance and blockchain technology. The development highlights the increasing integration of traditional financial instruments with the digital asset space. The growth of BUIDL suggests a rising demand for tokens that facilitate interaction between conventional finance and the crypto ecosystem.
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