VanEck Launches VBILL Tokenized Fund on Solana, Ethereum, BNB Chain, and Avalanche

In a groundbreaking move, VanEck tokenized fund VBILL has gone live on major blockchain networks like Solana, Ethereum, BNB Chain, and Avalanche.

VanEck Treasury Fund VBILL is now live on major blockchain networks like Solana, Ethereum, BNB Chain, and Avalanche, the asset manager announced.

The milestone launch of the tokenized fund was achieved in partnership with Securitize, a leading tokenization platform, that will be providing its services for tokenization, fund administration, transfer agency, and broker-dealer capabilities.

Announcing the launch of its first tokenized fund (VBILL) on several blockchain networks, VanEck highlighted its aim to integrate U.S. Treasuries into the rapidly evolving digital asset landscape.

The asset manager's move comes as institutions are increasingly exploring avenues to expand into new markets and capitalize on emerging trends.

"We are excited to launch the VanEck Treasury Fund (CRYPTO: VBILL) tokenized fund on several major blockchain networks, including Avalanche, BNB Chain, Ethereum, and Solana," said Kyle DaCruz, Director of Digital Assets Product at VanEck.

"This launch is a testament to VanEck's commitment to providing innovative investment solutions that cater to the evolving needs of today's investors."

Announcing the launch of its first tokenized fund (VBILL) on several blockchain networks, VanEck highlighted its aim to integrate U.S. Treasuries into the rapidly evolving digital asset landscape.

The asset manager's move comes as institutions are increasingly exploring avenues to expand into new markets and capitalize on emerging trends.

"We are excited to launch the VanEck Treasury Fund (CRYPTO: VBILL) tokenized fund on several major blockchain networks, including Avalanche, BNB Chain, Ethereum, and Solana," said Kyle DaCruz, Director of Digital Assets Product at VanEck.

"This launch is a testament to VanEck's commitment to providing innovative investment solutions that cater to the evolving needs of today's investors."

According to a recent press statement by VanEck, its fund offers investors continuous access to short-term U.S. Treasury-backed assets.

This launch also marks a significant step in the integration of traditional finance institutions into the rapidly evolving world of digital assets.

"We are thrilled to collaborate with Securitize on this groundbreaking initiative," added DaCruz.

"Their expertise in tokenization and capital markets will be instrumental in maximizing the reach and liquidity of VBILL for investors."

Announcing the launch of its first tokenized fund (VBILL) on several blockchain networks, VanEck highlighted its aim to integrate U.S. Treasuries into the rapidly evolving digital asset landscape.

The asset manager's move comes as institutions are increasingly exploring avenues to expand into new markets and capitalize on emerging trends.

"We are excited to launch the VanEck Treasury Fund (CRYPTO: VBILL) tokenized fund on several major blockchain networks, including Avalanche, BNB Chain, Ethereum, and Solana.

"This launch is a testament to VanEck's commitment to providing innovative investment solutions that cater to the evolving needs of today's investors."

According to a recent press statement by VanEck, its fund offers investors continuous access to short-term U.S. Treasury-backed assets.

This launch also marks a significant step in the integration of traditional finance institutions into the rapidly evolving world of digital assets.

"We are thrilled to collaborate with Securitize on this groundbreaking initiative," added DaCruz.

"Their expertise in tokenization and capital markets will be instrumental in maximizing the reach and liquidity of VBILL for investors."