BlackRock hits record milestone in payouts

BlackRock (NYSE: BLK), the world's largest asset manager, hit a record milestone as its first tokenized money market fund completed distributing $100 million in payouts. It is a remarkable feat that demonstrates the cementing of the relationship between traditional finance and decentralized finance. Related: BlackRock shares 2026 shocking crypto outlook BlackRock's BUIDL hits $100M milestone In March 2024, the Wall Street giant launched the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). It ...