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OCB — Quality Rating

ABUTF Quality Rating

BlackRock / Archax · Archax-wrapped tokenized share of BlackRock's ICS US Treasury money market fund, issued on Hedera.

ABUTF (BlackRock / Archax) scores 58/100 on OnChain Benchmark's Verified Capital Quality Rating — Limited band — across four dimensions: disclosure quality 11/25, redemption liquidity 17/25, structural trust 14/25, and holder concentration withheld (not measurable to ground truth) (methodology v1.6, as of Sep 23, 2026).

ABUTFTokenized U.S. Treasuries

Verified Capital Quality Rating

58/ 100
Developing

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ABUTF across four dimensions

Each dimension is scored out of 25, then multiplied by its weight and summed into the /100 composite — so the four dimension scores are a weighted, not a plain, sum. Last scored Sep 23, 2026 on methodology v1.6.

DimensionScoreWeight
Disclosure Quality11 / 25×0.4
Redemption Liquidity17 / 25×0.9
Structural Trust14 / 25×1.4
Holder ConcentrationNot measured×1.3
CompositeΣ (score × weight)58 / 100

Holder Concentration is withheld for this instrument. Its holder base is too large or too widely distributed to measure to ground truth, so the concentration figure is not published. The composite reflects the three measured dimensions, renormalized.

OCB — 02

OCB Instrument

Outstanding supply

Measured onchain daily, summed across every chain the fund is issued on. Latest reading $4.62M.
ONCHAIN
BENCHMARK
Source: ABUTF · Verified Capital Quality Rating · onchainbenchmark.com2026-09-23 · Measured daily

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Rating history

ABUTF has held its 58/100 quality rating (Limited) with no change since Sep 18, 2026. A movement chart appears once the rating has enough history to show a change; the line moves only when the market does.

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Evidence behind the rating

A sample of the verified facts behind ABUTF's score. The full diligence trail is in the terminal.

  • Disclosure Qualitycontract address

    Contract address verified on Hedera: 0.0.9379166 (primary deployment)

    Confirmed active onchain.

    Verified Aug 9, 2026· instrument_deployments registry — chain_id 1108
  • Holder Concentrationholder concentration snapshot

    Top-10 holders control 100.00% of supply (after excluding protocol-controlled addresses). Concentration track: institutional_direct.

    Holder snapshot refreshes on a rolling basis and may be up to 36 hours old.

    Verified Aug 9, 2026· Verified against primary sources

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Key facts

Issuer
BlackRock / Archax
Asset class
Tokenized U.S. Treasuries
Tracked supply
$4.62Mas of Sep 23, 2026
Methodology
v1.6
Last scored
Sep 23, 2026
Rubric
Verified Capital Quality Rating

Chain

HBARHedera
0.0.9379166Explorer ↗

Cite this rating

Reference ABUTF's rating

Copy a ready-made citation. Every rating carries its methodology version and a stable permalink, so a citation stays accurate after a later rescoring run.

Plain
OnChain Benchmark (2026). ABUTF Quality Rating: 58/100 (Limited band), as of Sep 23, 2026. Methodology v1.6. https://onchainbenchmark.com/instruments/abutf
Harvard
OnChain Benchmark (2026) 'ABUTF Quality Rating', OnChain Benchmark, Limited band, 58/100, methodology v1.6. Available at: https://onchainbenchmark.com/instruments/abutf (Accessed: Sep 23, 2026).
BibTeX
@misc{ocb_abutf_2026,
  author = {{OnChain Benchmark}},
  title = {{ABUTF Quality Rating}},
  year = {2026},
  note = {58/100, Limited band, methodology v1.6},
  url = {https://onchainbenchmark.com/instruments/abutf}
}

Or pull the data: ABUTF rating (CSV)

Full diligence trail

The interactive terminal shows every verified fact behind ABUTF's rating — the dimension-by-dimension breakdown, scoring history, outstanding supply, anomalies, and the complete evidence trail with sources.

View full diligence trail in the terminal →Read the methodology →
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