According to Cryptoslate, BlackRock's BUIDL fund distributed $4.17 million in dividends in March, setting a record for the largest monthly dividend distribution by a tokenized national debt fund. The record set in March is about twice the peak of $2.1 million set in July 2024. According to a report by BUIDL issuer Securitize, this record-breaking dividend has brought BUIDL's total dividend payments since its establishment to $25.4 million, reflecting an increasing interest from institutions in investing traditional financial products on-chain.