VanEck Partners with Securitize for Tokenized Treasury Fund

What to Know:
  • VanEck launches tokenized U.S. Treasury fund with Securitize.
  • Enhances market liquidity and efficiency.
  • Supports Ethereum, Solana, Avalanche, BNB Chain.
vaneck-partners-with-securitize-for-tokenized-treasury-fund
VanEck Partners with Securitize for Tokenized Treasury Fund

VanEck has teamed with Securitize to launch VBILL, a tokenized U.S. Treasury fund, available on Avalanche, BNB Chain, Ethereum, and Solana.

This initiative aims to provide new market opportunities, enhancing liquidity and efficiency, following growing institutional interest in on-chain asset vehicles.

VanEck and Securitize Launch VBILL Treasury Fund

VanEck, a global investment firm, and Securitize, a tokenization platform, introduced VBILL, their first on-chain U.S. Treasury fund. Nick van Eck designed liquidity using Agora’s AUSD stablecoin for redemptions.

VBILL offers tokenized exposure to treasury assets, supporting Ethereum, Solana, Avalanche, and BNB Chain. Assets are managed by State Street Bank, enabling secure custody and daily pricing transparency.

VBILL Expected to Boost Market Liquidity

The introduction of VBILL is expected to enhance market liquidity and attract institutional investors due to improved transparency and efficiency. It also emphasizes the growing acceptance of blockchain in traditional finance.

This move reflects increasing institutional engagement in DeFi and could boost USDC and AUSD stablecoin flows. It underscores blockchain’s role in bridging traditional finance and crypto markets.

Previous Asset Manager-Tokenization Collaborations Highlighted

Previous collaborations between asset managers and tokenization platforms, such as the Franklin Templeton initiative, highlight growing markets for on-chain products. These provide enhanced liquidity and efficiency benchmarks.

Projected outcomes indicate a sustained increase in institutional DeFi use, leveraging tokenized assets for diversified portfolios. As these initiatives gain traction, they may transform traditional and digital asset markets.

Carlos Domingo, Co-founder & CEO, Securitize: “With VBILL, our combined efforts demonstrate tokenization’s ability to create new market opportunities with the speed, transparency, and programmability of blockchain technology” – source
Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *