VanEck Launches $VBILL, a Tokenized U.S. Treasury Fund, on Multiple Blockchains with 24/7 Liquidity

By: defi news|2025/05/13 22:30:08
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VanEck, a $120 billion asset manager, has launched its first tokenized U.S. Treasury fund, named $VBILL, in collaboration with tokenization firm Securitize. The fund is now available on multiple blockchain networks including Ethereum, Avalanche, Solana, and BNB Chain, with cross-chain interoperability enabled by Wormhole, marking VanEck's entry into the tokenization race.VBILL offers investors on-chain access to short-term U.S. Treasury debt, aiming to provide a secure, transparent, and liquid tool for cash management. The fund provides 24/7 liquidity and real-time settlement. According to Kyle DaCruz, director of digital assets product at VanEck, this move integrates digital assets into mainstream financial markets. VBILL is accessible to qualified investors with a minimum investment of $100,000 on most blockchains, and $1 million on Ethereum. The fund's assets are held by State Street and priced daily using data from Redstone's oracle service.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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