A groundbreaking partnership has been announced between a leading real-world asset platform and global investment firm VanEck to launch VanEck Treasury Fund (VBILL), the firm’s first tokenized fund. With nearly $4 billion in tokenized securities under management, this collaboration aims to bring U.S. Treasuries on-chain, providing investors with a secure, transparent, and liquid tool for cash management.
VBILL is now available for use on Avalanche (AVAX), BNB Chain (BNB), Ethereum (ETH), and Solana (SOL), offering investors accessibility across multiple layer-1 blockchains. Carlos Domingo, Co-Founder and CEO of Securitize, expressed pride in enhancing investor access to tokenized securities through this partnership. He highlighted the innovative nature of merging Securitize’s fully integrated tokenization model with VanEck’s asset management expertise, showcasing how tokenization can create new market opportunities with the efficiency of blockchain technology.
Utilizing Securitize’s tokenization, fund administration, transfer agency, and broker-dealer services, VBILL sets a new standard for digital asset integration into mainstream financial markets. Kyle DaCruz, Director of Digital Assets Product at VanEck, emphasized the value of tokenized funds like VBILL in enhancing market liquidity and efficiency. This commitment to providing value to investors is further exemplified by VanEck’s recent approval from the U.S. Securities and Exchange Commission for a new crypto-related “Onchain Economy exchange-traded fund (ETF).”
As the financial landscape continues to evolve, partnerships like the one between VanEck and Securitize pave the way for innovative investment opportunities. By leveraging blockchain technology and tokenization, VBILL represents a significant step towards bridging traditional finance with the digital asset space. Stay updated on the latest developments in tokenized securities and digital asset management by following us on X, Facebook, and Telegram. Don’t miss out on valuable insights – subscribe to get email alerts delivered directly to your inbox. Check out the latest price action and explore The Daily Hodl Mix for a holistic view of the market.
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