VanEck has unveiled its first tokenized fund, the VanEck® Treasury Fund, Ltd. (VBILL), in collaboration with Securitize, a leader in tokenizing real-world assets.
The fund is now available to qualified investors on Avalanche, BNB Chain, Ethereum, and Solana, offering a blockchain-based alternative to traditional money market funds.
Backed by U.S. Treasuries and featuring 24/7 liquidity and real-time settlement, VBILL represents a major move toward integrating traditional finance with blockchain infrastructure. Cross-chain functionality is enabled via Wormhole, ensuring seamless token transfers across networks.
“Tokenization is opening new doors for investors,” said Carlos Domingo, CEO of Securitize. “VBILL combines VanEck’s asset management expertise with Securitize’s end-to-end tokenization model to unlock real-time, transparent financial tools.”
VanEck’s Kyle DaCruz emphasized the fund’s role in bridging cash management with on-chain finance, saying VBILL provides a liquid and secure tool that brings Treasuries to blockchain-native investors.
Key Features of VBILL:
- Backed by U.S. Treasuries
- Available 24/7 via USDC onramps
- Minimum subscription: $100,000 (Avalanche, BNB, Solana); $1,000,000 (Ethereum)
- Administered by Securitize Fund Services
- State Street is the asset custodian
- RedStone oracles provide daily NAV
- Built for use with Agora’s AUSD stablecoin to enable atomic liquidity
VBILL is regulated under British Virgin Islands law. Van Eck Absolute Return Advisers Corporation serves as investment manager, while Securitize Markets, LLC acts as placement agent. The fund is currently open only to institutional and qualified investors.
This launch marks a significant step in bringing regulated, tokenized financial products to blockchain ecosystems—ushering in new possibilities for how investors engage with U.S. Treasuries.
Source: https://coindoo.com/vaneck-launches-first-tokenized-treasury-fund-vbill-on-securitize/