Vaneck推出了針對機構投資者的第一個RWA令牌化基金

5月13日推出的VBILL代幣基金為機構投資者提供了代幣化的美國財政賬單。

A new tokenized fund from VanEck will give institutional investors the chance to invest in US Treasury bills.

Vaneck的新標記基金將使機構投資者有機會投資美國國庫賬單。

The VBILL token fund, which launches on May 13, is part of a partnership with Securitize, the tokenization platform that supports the entire operation of the fund.

VBILL代幣基金於5月13日啟動，是與Securitize合作的一部分，Securitize是支持該基金全部運營的令牌化平台。

It will be open for subscriptions in four major blockchains – Ethereum, Solana, Avalanche, and BNB Chain. On three of those chains (Avalanche, Solana, and BNB Chain), the minimum subscription is $100,000. For Ethereum, the minimum investment is $1 million.

它將在四個主要區塊鏈中進行訂閱 - 以太坊，索拉納，雪崩和BNB鏈。在其中三個連鎖店（雪崩，Solana和BNB鏈）上，最低訂閱為100,000美元。對於以太坊而言，最低投資為100萬美元。

The fund is part of VanEck’s efforts to expand its presence in the real-world asset (RWA) tokenization market. It will offer institutions exposure to one of the biggest traditional asset classes that are currently being integrated into Web3.

該基金是Vaneck努力擴大其在現實世界中的業務（RWA）令牌化市場的努力的一部分。它將提供機構接觸目前正在集成到Web3中的最大傳統資產類別之一。

The tokenized US Treasury market is already seeing products from BlackRock (BUIDL) and Franklin Templeton (BENJI). In January, Apollo launched a private credit tokenized fund.

標記的美國財政市場已經在看到貝萊德（Buidl）和富蘭克林·鄧普頓（Benji）的產品。 1月，阿波羅啟動了一個私人信貸令牌基金。

According to RWA.xyz data, tokenized US Treasurys have a total market capitalization of $6.9 billion, making it the second-largest asset class in the RWA space, smaller only than private credit.

根據RWA.xyz數據，標記的美國財政部的總市值為69億美元，使其成為RWA領域的第二大資產類別，僅比私人信貸小。

The VBILL token fund aims to provide institutions with access to Treasury exposure through smart contract systems and digital compliance tools for efficient reporting.

VBILL代幣基金旨在通過智能合同系統和數字合規工具為機構提供訪問國庫的曝光，以有效地報告。

It also expands the presence of large financial institutions in blockchain-based markets. Earlier this year, Franklin launched its BENJI RWA token fund, while Apollo announced a private credit tokenized fund for large investors.

它還擴大了基於區塊鏈的市場中大型金融機構的存在。今年早些時候，富蘭克林（Franklin）啟動了Benji RWA代幣基金，而阿波羅（Apollo）宣布了為大型投資者提供私人信貸令牌基金。

Securitize Platform Supports VBILL Token Fund

證券化平台支持VBILL令牌基金

The Securitize tokenization platform will be used for the complete operation of VanEck’s VBILL token fund.

證券化令牌平台將用於Vaneck的VBill代幣基金的完整運營。

Securitize has tokenized over $3.9 billion in assets across various structures by May 2024, and the company also secured $47 million in funding at a valuation of $660 million in a round led by BlackRock.

到2024年5月，Securitize已將各種建築物的39億美元的資產投入到代幣，該公司還獲得了4,700萬美元的資金，其估值為6.6億美元，由貝萊德（Blackrock）領導。

Securitize’s platform facilitates the issuance and tracking of regulated digital securities. It will help VanEck launch and maintain the VBILL token fund across all four blockchain networks. The platform will be used to ensure digital compliance and record-keeping for the institutional-grade financial instruments.

證券化的平台有助於發行和跟踪受監管的數字證券。它將幫助Vaneck啟動並維護所有四個區塊鍊網絡的VBILL代幣基金。該平台將用於確保機構金融工具的數字合規性和記錄保存。

The partnership will give VanEck access to Securitize’s full-stack infrastructure for managing tokenized assets. This includes smart contract deployment, digital identity checks, and blockchain-based reporting.

該合作夥伴關係將使Vaneck訪問Securitize的全棧基礎架構，用於管理令牌化資產。這包括智能合同部署，數字身份檢查和基於區塊鏈的報告。

It will also provide services for know-your-customer (KYC)/anti-money laundering (AML) screening and administrative capabilities.

它還將為知識客戶（KYC）/反洗錢（AML）篩查和管理能力提供服務。

Former SEC Chair Weighs In on Tokenization Impact

前美國證券交易委員會主席對令牌化影響

At a recent U.S. Securities and Exchange Commission roundtable on May 12, on the technical and legal changes needed as more firms adopt onchain models for securities, former SEC Chair Paul Atkins made interesting remarks.

在5月12日的美國證券和交易委員會最近的一次圓桌會議上，由於越來越多的公司採用證券的鍊式模型所需的技術和法律變更，前美國證券交易委員會主席保羅·阿特金斯（Paul Atkins）發表了有趣的評論。

He compared the impact of RWA tokenization to the digital transition seen in the music industry.

他將RWA令牌化的影響與音樂行業中的數字過渡進行了比較。

“Just as the shift to digital audio revolutionized the music industry, the migration to onchain securities has the potential to revolutionize aspects of the securities market by enabling entirely new methods of issuing, trading, owning, and using securities,” Paul Atkins SEC stated.

保羅·阿特金斯（Paul Atkins）說：“正如向數字音頻的轉變徹底改變了音樂行業一樣，向Onchain證券的遷移也有可能通過實現全新的發行，交易，擁有和使用證券的全新方法來徹底改變證券市場的各個方面。”

He added that blockchain infrastructure could alter the fundamental nature of securities, and that many existing SEC rules do not address the new market structures that are being created by tokenized assets.

他補充說，區塊鏈基礎設施可能會改變證券的基本性質，並且許多現有的SEC規則並不能解決由標記資產創建的新市場結構。

The roundtable discussion was held to assess the legal and technical implications as more firms adopt onchain models for capital market instruments.

進行圓桌討論是為了評估法律和技術含義，因為越來越多的公司採用鏈型模型用於資本市場工具。

Paul Atkins SEC highlighted how digital systems may soon introduce new ways to manage securities.

保羅·阿特金斯（Paul Atkins）SEC強調了數字系統如何很快推出新的管理證券方式。