See the Full Picture.
Published loading...Updated

Asset Manager VanEck Joins Tokenization Race With U.S. Treasury Fund Token

  • On May 13, 2025, VanEck introduced VBILL, its inaugural tokenized U.S. Treasury fund, making it accessible across multiple blockchain platforms including Avalanche, BNB Chain, Ethereum, as well as Solana.
  • VanEck partnered with tokenization platform Securitize amid growing institutional interest in on-chain assets and follows firms like BlackRock in this trend.
  • VBILL provides qualified investors with around-the-clock liquidity and immediate settlement, while its holdings are custodized by State Street and its valuation is refreshed daily through RedStone's oracle.
  • Kyle DaCruz, VanEck's digital assets director, said VBILL provides "a liquid and secure tool" that integrates U.S. Treasuries into mainstream and blockchain finance.
  • The introduction of this fund represents an important advancement in integrating traditional finance with blockchain technology, as the market for tokenized real-world assets continues to expand rapidly toward a potential valuation of $2 trillion.
Insights by Ground AI
Does this summary seem wrong?

15 Articles

All
Left
Center
1
Right
CointelegraphCointelegraph
+2 Reposted by 2 other sources

VanEck to launch its first RWA tokenization fund

VanEck has partnered with Securitize to launch a US Treasury tokenized fund called VBILL that will be geared toward institutional investors.

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Coin Desk broke the news in Manila, Philippines on Tuesday, May 13, 2025.
Sources are mostly out of (0)