VanEck Launches Tokenized Treasury Bond Fund via Blockchain – Coincu

Investment management firm VanEck launched the VBILL tokenized Treasury bond fund on May 13. The fund offers access to institutional investors across Solana, AVAX, Ethereum, and BNB Chain.

Integrating traditional finance with decentralized finance through VBILL could reshape institutional investment dynamics. Real-time settlement and cross-chain liquidity are facilitated by Wormhole.

VanEck Unveils VBILL Fund on Four Blockchains

VanEck, holding an asset management scale of US$120 billion, has introduced the VBILL tokenized Treasury bond fund. This fund launched on Solana, AVAX, BNB Chain, and Ethereum, serves as an on-chain alternative targeting institutional investors seeking exposure to US Treasury yields. Securitize handled the digital tokenization process, and Wormhole enables cross-chain interoperability.

The VBILL fund aims to provide 24/7 liquidity and real-time settlement, marking a substantial step for VanEck in melding traditional finance with the decentralized world. This approach allows institutional investors to interact seamlessly with the US Treasury product on-chain. The introduction of the VBILL fund could enhance interest and activity in alt-layer protocols.

Reactions from markets, institutions, or key figures have yet to surface prominently. However, VBILL’s on-chain availability is likely to drive more interest in the targeted ecosystems, potentially influencing transaction volumes on Solana, AVAX, Ethereum, and BNB Chain.

Impact of VBILL on Institutional Finance and DeFi

Did you know? VanEck’s tokenized Treasury bond fund VBILL is the firm’s first move into utilizing blockchain for traditional financial products, marking a significant institutional shift into decentralized finance.

According to CoinMarketCap, Ethereum’s current price is $2,540.37, with a market cap of $306.7 billion, reflecting a 9.21% market dominance. The last 24-hour trading volume is approximately $28.68 billion, showing a 5.99% change. Ethereum experienced a 43.77% increase over 7 days but a 4.04% decrease over 90 days, as recorded at 13:19 UTC, May 13, 2025.

Coincu’s research team suggests that integrating traditional finance products into DeFi through initiatives like VBILL could revolutionize institutional finance. Highlighting increased transparency and efficiency, they predict broader participation from financial institutions in the digital asset realm while anticipating regulatory developments in tokenized real-world assets.