BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (RSVXX), BRSRV token
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.
Research and shelf status are on the memo: BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (RSVXX), BRSRV token Favorable research; shelf not set
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
| Fact | What the file records |
|---|---|
| Who onboards the holder | issuer |
| Voting rights | Yes |
| Distributions | new tokens |
| SIPC coverage of the wallet | No |
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.
| Agent | SEC file | TA-2 period | Accounts | Issues with master file | Work it hires out |
|---|---|---|---|---|---|
| Securitize Transfer Agent, LLC | 084-06638 | 2025-12-31 | 18,337 | 54 | PACIFIC 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.
| Chain | Freeze a holder | Pause | Claw back | Gate holders | Change the code | Keys held by |
|---|---|---|---|---|---|---|
| Ethereum | Yes | Yes | Yes | Yes | Yes | A single key can freeze a holder. |
| Solana | Yes | No | Yes | Yes | Yes | 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. |
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.
| Chain | Key | What it can do | Held by | Address |
|---|---|---|---|---|
| Ethereum | Owner | grant and revoke these powers | a single key | 0xe016…b09e |
| Ethereum | Wallet registrar owner | freeze a holder, decide who may hold, grant and revoke these powers | a single key | 0x28e3…b3fd |
| Solana | Mint authority | mint new tokens | an account only a program can sign for | J8hicF…DL12 |
| Solana | Freeze authority | freeze a holder | an account only a program can sign for | J8hicF…DL12 |
| Solana | Permanent delegate | claw back tokens | an account only a program can sign for | J8hicF…DL12 |
| Solana | Transfer-hook authority | decide who may hold, change the code | an account only a program can sign for | J8hicF…DL12 |
| Solana | Hook program upgrade authority | change the code | a single key | 8d36iv…zbB6 |
Ethereum: 11 contract reads at block 26042368, 6 functions in verified source, 2026-09-23
- 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
- preTransferCheck in verified source 0xc4ec…3354
- lockInvestor in verified source 0xea79…e00d
- isPaused in verified source 0xc4ec…3354
- burn in verified source 0xc4ec…3354
- issueTokens in verified source 0xc4ec…3354
- upgradeToAndCall in verified source 0xc4ec…3354
Solana: 4 contract reads at block 449803275, 0 functions in verified source, 2026-09-23
- mintAuthority=J8hicFRuULsSJQXyK828gtszFjh1odeAxYJtx9R1DL12
- freezeAuthority=J8hicFRuULsSJQXyK828gtszFjh1odeAxYJtx9R1DL12
- permanentDelegate=J8hicFRuULsSJQXyK828gtszFjh1odeAxYJtx9R1DL12
- transferHook=FsE8mCJyvgMzqJbfHbJQm3iuf3cRZC6n2vZi1Q8rQCy2
Where it trades
| Venue | Kind |
|---|---|
| Securitize investor portal (BRSRV.invest.Securitize.io) | issuer primary |
How it exits
| Path | Cutoff | Settlement | Settles in |
|---|---|---|---|
| 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. | USD |
- BlackRock changes who may hold, the $3 million minimum, the 5:00 p.m. cutoff, or same-day payment
- The implementation, owner, or any DS service of the Ethereum token changes, or a Solana authority or the hook program changes
- Supply appears on Tempo, which the control reader cannot yet read, or on Solana, where the mint held none on 23 September 2026
- The single Ethereum holder is joined by others or leaves, or the fund breaks its dollar price or imposes a liquidity fee
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
- 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 · primary · accessed 2026-09-23
Supports: government money market fund under Rule 2a-7, OnChain Shares only class, Ethereum, Tempo, Solana, official register on chain plus off-chain identity list, U.S. residents only, $3 million minimum, whitelisted transfers, 24-hour lock on new tokens, 5:00 p.m. cutoff, same-day burn and wire, freeze and claw back, daily dividends reinvested as new tokens, crypto intermediaries - SEC EDGAR: summary prospectus (497K), 3 August 2026 · primary · accessed 2026-09-23
Supports: summary terms, management fee - BlackRock: BlackRock Daily Reinvestment Stablecoin Reserve Vehicle product page · primary · accessed 2026-09-23
Supports: ticker RSVXX, CUSIP 09261A839, fund size $50.2 million, net flows, daily distribution factor, performance start 3 August 2026, AAAm and Aaa-mf ratings, expense ratio - SEC EDGAR: form of Platform Services, Transfer Agent, and Registrar Agreement with Securitize (exhibit, 28 August 2026) · primary · accessed 2026-09-23
Supports: Securitize SEC-registered transfer agent, Fund Data property of the fund - Securitize: BRSRV token metadata named by the Solana mint · primary · accessed 2026-09-23
Supports: Solana mint tied to the fund name - Blockscout: BRSRV token on Ethereum (supply, holders, deployer) · secondary · accessed 2026-09-23
Supports: one holder, daily mints match net flows, deployer also created Securitize DS services