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Eligibility file · Money-market fund

BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (RSVXX), BRSRV token

What the client owns
OnChain Share of BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, a registered government money market fund; one token is one share. Issuer direct: The on-chain record is the securityholder file; the holder is the registered owner.
Who may hold it
US retail investors. First purchase $3,000,000. State coverage not confirmed by the issuer. The prospectus admits a natural person who is a U.S. citizen or resident alien living in the United States or a U.S. territory with a U.S. taxpayer number, and an entity or intermediary domiciled in the United States, with limited exceptions. The first purchase is $3 million, which the fund’s officers may reduce or waive; later purchases have no minimum. Securitize, as transfer agent, runs know-your-client checks and whitelists each wallet. The prospectus expects some record owners to be accounts at crypto banks serving stablecoin issuers. No state list is published.
Who can freeze or claw back
Ethereum: can freeze a holder, pause transfers, claw back, gate who may hold, mint, change the code. A single key can freeze a holder.
Solana: can freeze a holder, claw back, gate who may hold, mint, change the code. An account only a program can sign for can freeze a holder and claw back tokens. A single key can change the code with no delay.
How it exits
Redeem with the fund at NAV by the daily cutoff (17:00 America/New_York). The holder moves the tokens to the fund’s redemption wallet by 5:00 p.m. Eastern on a business day; Securitize burns them that day and the fund typically wires federal funds the same day if its custodian is open, otherwise the next day it is.. Settles in USD.

Research and shelf status are on the memo: BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (RSVXX), BRSRV token Favorable research; shelf not set

Issuer
BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, a series of BlackRock Funds (CIK 844779); BlackRock Advisors, LLC as manager; BlackRock Investments, LLC as distributor; Securitize Transfer Agent, LLC as transfer agent
Registration
Registered fund (’40 Act)
Official record
Securitize Transfer Agent, LLC, SEC-registered transfer agent
Instruments
BRSRV
Chains
Ethereum, Solana, Tempo
Reviewed
2026-09-23 · v1
Next review
2026-12-22

Who may buy, hold, transfer, and redeem

Each answer rests on the issuer’s own words, quoted from the document named under it. Ketju re-reads each document and records whether the words are still there. Where the documents say nothing, the row says so.

What the holder owns

The token is the fund share: the chain records, joined to Securitize’s off-chain list of who owns each wallet, are the fund’s official register.

“Such blockchain records, together with an off‑chain register associating wallet addresses with shareholder personal identifying information, will constitute the official shareholder register of the Fund and, in the absence of a technical failure of either of those systems, conclusively govern the record ownership of the OnChain Shares.”

SEC EDGAR: BlackRock Funds Form N-1A post-effective amendment (485BPOS), prospectus and SAI for BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, effective 31 July 2026 · Prospectus, Fund Overview, “Use of the Blockchain” · words found 2026-09-23

Who may hold it

With limited exceptions, U.S. residents only: U.S. citizens or resident aliens living in the United States, and entities domiciled there.

“With certain limited exceptions, the Fund is generally available only to investors residing in the United States and may not be distributed by a foreign Financial Intermediary.”

SEC EDGAR: BlackRock Funds Form N-1A post-effective amendment (485BPOS), prospectus and SAI for BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, effective 31 July 2026 · Prospectus, Account Information, “How to Buy, Sell, and Transfer Shares” · words found 2026-09-23

Who may hold it

A natural person qualifies if a U.S. citizen or resident alien living in the United States or a U.S. territory with a U.S. taxpayer number.

“a shareholder that is a natural person be a U.S. citizen or resident alien, in each case residing within the United States or a U.S. territory (including APO/FPO/DPO addresses), and have a valid U.S. taxpayer identification number”

SEC EDGAR: BlackRock Funds Form N-1A post-effective amendment (485BPOS), prospectus and SAI for BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, effective 31 July 2026 · Prospectus, Account Information, “How to Buy, Sell, and Transfer Shares” · words found 2026-09-23

First purchase minimum

$3 million first purchase, which the fund’s officers may reduce or waive; no minimum after that.

“Minimum Initial Investment $3 million. Minimum Additional Investment No subsequent minimum.”

SEC EDGAR: BlackRock Funds Form N-1A post-effective amendment (485BPOS), prospectus and SAI for BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, effective 31 July 2026 · Prospectus, Fund Overview, “Purchase and Sale of Fund Shares” · words found 2026-09-23

Account types

Some record owners are expected to be accounts at crypto banks and other intermediaries whose customers may be stablecoin issuers.

“certain record owners of OnChain Shares are expected to be trust or other accounts maintained by state or federally chartered crypto banks or other financial intermediaries in the crypto ecosystem”

SEC EDGAR: BlackRock Funds Form N-1A post-effective amendment (485BPOS), prospectus and SAI for BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, effective 31 July 2026 · Prospectus, Account Information, “Payments to Broker/Dealers and Other Financial Intermediaries” · words found 2026-09-23

Who it may be transferred to

Holder to holder, but only between wallets Securitize has whitelisted; newly minted tokens are locked for peer-to-peer transfer for 24 hours.

“Before transferring OnChain Shares, you (as the transferor) and the potential transferee must each have an active, permissioned (i.e., “whitelisted”) wallet registered with the Transfer Agent.”

SEC EDGAR: BlackRock Funds Form N-1A post-effective amendment (485BPOS), prospectus and SAI for BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, effective 31 July 2026 · Prospectus, Account Information, “How to Transfer Shares” · words found 2026-09-23

How a holder redeems

Tokens moved to the redemption wallet by 5:00 p.m. Eastern are burned that day, and the fund typically wires dollars the same day.

“Tokens will be burned from the Redemption Wallet on the same Business Day on which the redemption request is received in good order, and payment for redeemed OnChain Shares will typically be wired in federal funds on that same day, provided the Fund’s custodian is also open for business.”

SEC EDGAR: BlackRock Funds Form N-1A post-effective amendment (485BPOS), prospectus and SAI for BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, effective 31 July 2026 · Prospectus, Account Information, “How to Sell Shares” · words found 2026-09-23

Who keeps the official record

Securitize Transfer Agent keeps the official record of ownership on the public chains the fund uses.

“The Fund’s transfer agent, Securitize Transfer Agent, LLC (the “Transfer Agent”), maintains the official record of ownership of OnChain Shares on the public blockchains that are used by the Fund’s investors.”

SEC EDGAR: BlackRock Funds Form N-1A post-effective amendment (485BPOS), prospectus and SAI for BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, effective 31 July 2026 · Prospectus, Fund Overview, “Use of the Blockchain” · words found 2026-09-23

What the issuer says it can freeze or take back

The fund may freeze a holder’s wallet to comply with money laundering and sanctions law, and Securitize’s contracts can claw back tokens.

“The Fund also reserves the right to freeze shareholder wallets or otherwise restrict their ability to send or receive OnChain Shares from other wallets in order to comply with applicable money laundering, sanctions or other laws.”

SEC EDGAR: BlackRock Funds Form N-1A post-effective amendment (485BPOS), prospectus and SAI for BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, effective 31 July 2026 · Prospectus, Account Information, “Anti-Money Laundering Requirements” · words found 2026-09-23

FactWhat the file records
Who onboards the holderissuer
Voting rightsYes
Distributionsnew tokens
SIPC coverage of the walletNo

The transfer agent’s SEC record

A transfer agent registers with the SEC on Form TA-1 and reports each year on Form TA-2: how many securityholder accounts it keeps and for how many issues it keeps the master securityholder file, the list that says who owns each share.

AgentSEC fileOn EDGAR sinceTA-2 periodAccountsIssues with master fileWork it hires out
Securitize Transfer Agent, LLC084-066382019-07-222025-12-3118,33754PACIFIC STOCK TRANSFER CO

Who can change the record

Powers read from the deployed contracts and their verified source: the token and every contract it consults on transfer. A power recorded here is the issuer’s ability, not evidence it has been used.

ChainFreeze a holderPauseClaw backGate holdersChange the codeKeys held by
EthereumYesYesYesYesYesA single key can freeze a holder.
SolanaYesNoYesYesYesAn account only a program can sign for can freeze a holder and claw back tokens. A single key can change the code with no delay.

Who holds the keys

Every current holder of each power, read from the chain on 2026-09-23. A single key is one private key: whoever holds it acts alone. A multisig needs the stated number of signers. A timelock makes every action wait, so holders can see it coming.

ChainKeyWhat it can doHeld byAddress
EthereumOwnergrant and revoke these powersa single key0xe016…b09e
EthereumWallet registrar ownerfreeze a holder, decide who may hold, grant and revoke these powersa single key0x28e3…b3fd
SolanaMint authoritymint new tokensan account only a program can sign forJ8hicF…DL12
SolanaFreeze authorityfreeze a holderan account only a program can sign forJ8hicF…DL12
SolanaPermanent delegateclaw back tokensan account only a program can sign forJ8hicF…DL12
SolanaTransfer-hook authoritydecide who may hold, change the codean account only a program can sign forJ8hicF…DL12
SolanaHook program upgrade authoritychange the codea single key8d36iv…zbB6
Ethereum: 11 contract reads at block 26042368, 6 functions in verified source, 2026-09-23
Read from the chain
  • eip1967.implementation=0xc4ecf0307ff0c45c0546e0debedbbd0e47ac3354
  • owner()=0xe01605f6b6dc593b7d2917f4a0940db2a625b09e
  • isPaused()=false
  • getDSService(COMPLIANCE_CONFIGURATION_SERVICE)=0x4521f85b07eec02302250d1508eea6171ee50ad1
  • getDSService(COMPLIANCE_SERVICE)=0x1b0f94f4bf4f75dff9ca97633c9b7bd298bbce73
  • getDSService(LOCK_MANAGER)=0x467c7358473dd31735e8a1fa5c91753f2281f2ea
  • getDSService(REGISTRY_SERVICE)=0xafe55b7f80b785611b90dd5fef4bbdf9e79279c2
  • getDSService(TRANSACTION_RELAYER)=0x6c1662bb346f80fda68e970331ef5cb4803de733
  • getDSService(TRUST_SERVICE)=0x6c0e8dfb1682a1659a1ab9add9d43058be132921
  • getDSService(WALLET_MANAGER)=0xd1f7ae5512059578ef64d5f71dcbad49eb7e3ccf
  • getDSService(WALLET_REGISTRAR)=0xbead86b75e62fbb62fc9c58f15a4f6836639a681
Read from verified source
Solana: 4 contract reads at block 449803275, 0 functions in verified source, 2026-09-23
Read from the chain
  • mintAuthority=J8hicFRuULsSJQXyK828gtszFjh1odeAxYJtx9R1DL12
  • freezeAuthority=J8hicFRuULsSJQXyK828gtszFjh1odeAxYJtx9R1DL12
  • permanentDelegate=J8hicFRuULsSJQXyK828gtszFjh1odeAxYJtx9R1DL12
  • transferHook=FsE8mCJyvgMzqJbfHbJQm3iuf3cRZC6n2vZi1Q8rQCy2

Where it trades

VenueKind
Securitize investor portal (BRSRV.invest.Securitize.io)issuer primary

How it exits

PathCutoffSettlementSettles in
Redeem with the fund at NAV by the daily cutoff17:00 America/New_YorkThe holder moves the tokens to the fund’s redemption wallet by 5:00 p.m. Eastern on a business day; Securitize burns them that day and the fund typically wires federal funds the same day if its custodian is open, otherwise the next day it is.USD

What the monitor reads daily

Every control function in the table above and the contracts the token consults on transfer; the token’s on-chain supply against yesterday’s; and its market quote against its one-dollar value. Every document quoted above is re-read too, and a quote that leaves its document reopens the file. EDGAR is read for the transfer agent’s registration; a new filing reopens the file. A change opens a review item in the governance queue and reopens the file before any client action.

Sources

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