Upgrades controlled bySecuritize, for BlackRock's own key0xe016…b09e
CustodyIssuer-controlled — Securitize, for BlackRock holds the admin keyIt can freeze, move or reissue tokens, as a regulated fund must: you rely on the institution, its custodian and its regulators
Track record
Through market stressCame through all 2August 2024 crash — deposits grew 3%October 2025 liquidation cascade — kept 73% of its deposits