BlackRock Reserve
BRSRVBRSRV is a proposed BlackRock tokenized reserve instrument filed through Securitize, backed by money market fund shares holding US Treasuries, repo and cash. Like its sibling filing it targets institutional on-chain cash management, but remains pending, illiquid and institutional-only, with redemption terms still to be confirmed. BRSRV carries a provisional RWTS Trust Score of 75/100 (Tier 2): strong underlying reserves but no live product, no defined redeemability and no operating history yet. The rating is interim and will be revisited once the instrument launches and reserves are independently attested.
- Issuer / protocol
- BlackRock / Securitize
- Backing
- Money market fund shares (US Treasuries, repos, cash)
- Redemption / lock-up
- Institutional-only at launch. Redemption window TBD.
- Audit & proof of reserves
- Independently audited
- Availability
- Global
- Chain
- Ethereum
- Tier
- Tier 2 — Treasury & Fiat-Backed
Scored on the published RWTS methodology (v1.1), reviewed quarterly and on material events. Ratings are independent and never pay-influenced.
Calculations are indicative. Actual yields may vary.
Price data from CoinGecko. Not financial advice.
Projections assume constant APY of 0.00%. Actual returns may vary. Not financial advice.
Beyond BRSRV's own score, two structural questions matter: what is it built on, and what has broken before in this part of the market. A high score in isolation can still carry hidden, shared exposure.
What this and similar assets are built on, and where contagion could spread.
The depegs, defaults, and exploits that inform the Track Record dimension.
Liquidity read: TVL of $50.00M indicates developing on-chain liquidity. Lock-up: Institutional-only at launch. Redemption window TBD..
Is BRSRV safe?
BRSRV (BlackRock Reserve) scores 75/100 on the independent RWTS Trust Score, which places it in Treasury & Fiat-Backed (Tier 2). Tier 2 is strong: institutional or fiat backing with solid verification, a notch below fully-reserved physical assets. Backing: Money market fund shares (US Treasuries, repos, cash). It is independently audited. The score reflects backing, verification, redeemability, audit, regulatory standing, and track record, not headline yield. We rate. You decide.
Compare BRSRV
Head to head on the Trust Score with similar assets.