BlackRock CEO Larry Fink Gets 14% Compensation Bump in 2024

BlackRock CEO Larry Fink Gets 14% Compensation Bump in 2024

BlackRock Inc. Chief Executive Officer Larry Fink received $30.8 million in compensation for 2024, a 14% increase from a year earlier as the world’s largest asset manager expanded further into private investments.

With these derivatives dividends, BlackRock’s BUIDL fund sets a record for returns on the Tokenized Bonds market. *** BUIDL paid USD $4.17 million in dividends only in March, marking a milestone in the sector. The fund has distributed more than $25.4 million to investors in one year. Ethereum concentrates more than 50% of the assets of the Tokenized Bond Ecosystem.

Fidelity Trails BlackRock ($1.5B In BUIDL) And Franklin Templeton ($689M) In Blockchain-Based Asset Tokenization Adoption News ETHNews

Fidelity filed with the SEC for an Ethereum-based tokenized fund (FYHXX), blending blockchain tracking with traditional record-keeping systems. FYHXX holds 80% U.S. Treasuries and cash, avoids crypto, and uses blockchain as a secondary ledger. Fidelity Investments has filed paperwork with the SEC to launch a blockchain-based version of its Fidelity Treasury Digital Fund (FYHXX). The fund, which holds cash and U.S. government securities, will use…

BlackRock’s Securitize-issued BUIDL paid a record $4.17 million in March dividends

BlackRock's blockchain money marker BUIDL paid out an estimated $4.17 million in investor dividends during March, Securitize said.

BlackRock's BUIDL Fund Reaches $1.9B, Distributes $4.17M in Dividends, Holds 34% of Tokenized Treasury Market

BlackRock's tokenized U.S. Treasury fund, known as BUIDL, has experienced substantial growth, reaching a market cap of approximately $1.9 billion. This figure represents a near doubling in value over the past month. BUIDL now accounts for 34% of the tokenized U.S. Treasury market, positioning it behind only four stablecoins in terms of tokenized dollar assets. In March, the fund set a record by distributing an estimated $4.17 million in dividend…