BlackRock USD Institutional Digital Liquidity Fund

Tokenised money-market fund interest

Strong coverage

Tokenised representation of an institutional USD liquidity fund. The rights are fund rights. The token is a record of those rights subject to transfer-agent rules.

Rights: Investors hold interests in a money-market fund as described in the fund documents. The token does not create a separate unsecured claim against BlackRock the parent.
Custody & safeguarding: Fund custody and cash agents as named in the prospectus / fund documents; tokenisation platform is a transfer-agent layer.
Transfer restrictions: Transfers are gated by the transfer agent and eligible-investor rules. A wallet-to-wallet move is not, without more, an unrestricted secondary-market sale.
Contract administration: Tokenisation platform (publicly including Securitize) administers the on-chain representation.

What this proves

This profile restates public documents about the instrument as of the cited review dates.

What it does not prove

It does not rank the asset, estimate depeg risk, or advise anyone to hold, redeem or use the token.

RCA publishes source-linked intelligence for professionals. Nothing here is a token-buying call, a legal opinion, or an “approved / safe / regulated” badge. Every material claim is dated. Incomplete files stay incomplete.