Asset Manager VanEck Joins Tokenization Race With U.S. Treasury Fund Token
Asset Manager VanEck Joins Tokenization Race With U.S. Treasury Fund Token
May 12, 2025 / By Avalanche / 1 Minute Read
The tokenized U.S. Treasury fund was developed with tokenization firm Securitize and has launched on the Avalanche, BNB Chain, Ethereum and Solana networks.
VanEck has launched its first tokenized fund, the VanEck Treasury Fund (VBILL), offering on-chain access to short-term U.S. Treasury debt across multiple blockchain networks.
VBILL requires a minimum investment of $100,000 on most blockchains and $1 million on Ethereum, with assets held by State Street and priced daily using Redstone's oracle service. Tokenization of assets like U.S. Treasuries is growing rapidly, enticing global asset managers with operational efficiency and faster, cheaper settlements.
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