BlackRock files second tokenized fund application with SEC

Techub News, according to Cointelegraph, BlackRock has filed an application with the SEC to launch a second tokenized fund, the "BlackRock Daily Reinvestment Stablecoin Reserve Vehicle," and will issue it in collaboration with Securitize. The asset manager previously launched its first tokenized fund, BUIDL, and this new fund will further expand its footprint in the digital asset space. Securitize, as a tokenization infrastructure provider, has previously assisted multiple traditional financial institutions in issuing digital asset products.