BlackRock (Dinari Tokenized Stock)
BLK
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
BLK (BlackRock Dinari Tokenized Stock) is a dShare tokenized equity product issued by Dinari designed to track BlackRock Inc. common stock on-chain. The project exhibits solid smart contract security documentation, with published audits from Sherlock, Hacken, and Pashov, as well as a regulated broker-dealer structure that positions issuance within US regulatory perimeters. No security exploits, legal enforcement actions, or protocol insolvencies were identified. However, the token suffers from extreme dormancy and market failure: circulating supply stands at under 7 tokens across approximately 34–37 holders, total market capitalization is under $8,000, and daily trading volume averages negligible double-digit figures ($10–$13). The asset also lacks an active community, token-specific development changelogs, ongoing proof-of-reserves attestations, or a bug bounty program, facing total market-share dominance from competitor products like Ondo Finance's BLKON. The overall score of 3.3 represents the exact weighted average across all six evaluation sections with no data gaps or red-flag cap triggers.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About BlackRock (Dinari Tokenized Stock) (BLK)
BLK (BlackRock (Dinari Tokenized Stock)) is a dShare tokenized equity product issued by Dinari that provides on-chain exposure to BlackRock, Inc. (NYSE: BLK) common stock. Launched on November 13, 2023, the EVM-compatible token represents an underlying equity wrapper designed to be backed by corresponding common shares. The issuer operates under a broker-dealer registration model intended to place issuance and compliance workflows within United States regulatory frameworks.
The underlying smart contract infrastructure governing Dinari's dShare platform has undergone third-party audits by Sherlock (August 2023), Hacken (December 2023), and Pashov (December 2024). The token features centralized management by Dinari without a decentralized autonomous organization (DAO) or on-chain governance structure. It carries zero percent management and performance fees, with no integrated token lockups or programmatic vesting mechanisms.
BLK exhibits extreme market dormancy and limited adoption. In-scope metrics indicate a circulating supply of 6.99 tokens across approximately 34 to 37 holders, an aggregate market capitalization below $8,000, and daily trading volumes averaging between $10 and $13. Additionally, Dinari does not offer an active bug bounty program, does not publish ongoing independent proof-of-reserves attestation schedules, and faces total trading volume dominance in the tokenized BlackRock equity sector from competitor products such as Ondo Finance's BLKON.