Vaneck推出了全球第一个针对国库券的RWA令牌化基金

Vaneck于13日星期二启动了Vaneck®财政基金有限公司（VBILL）。这是全球资产经理的全球首个现实资产（RWA）令牌化基金。

Global asset manager VanEck launched on Tuesday, 13th the VanEck® Treasury Fund, Ltd. (VBILL), the world’s first real-world asset (RWA) tokenization fund from the firm. This was achieved through a partnership with Securitize, an RWA platform with total assets under management (AUM) of $3.9 billion, as of May 12. The volume is expected to increase soon.

全球资产经理Vaneck于13日星期二启动了Vaneck®财政基金有限公司（VBILL），该基金会是该公司的全球首个现实世界资产（RWA）的标记基金。这是通过与Securitize建立合作伙伴关系的，这是一个RWA平台，截至5月12日，其管理总资产为39亿美元。预计该数量将很快增加。

The new offering was designed to provide investors with secure, 24/7 liquidity and real-time access to assets backed by the United States Treasury. This was achieved through onramps via the stablecoin USDC.

新产品旨在为投资者提供安全，24/7的流动性和实时访问美国财政部支持的资产。这是通过Onramps通过Stablecoin USDC实现的。

Initially, the tokenized fund is available on the Avalanche, BNB Chain, Ethereum, and Solana blockchains. Interoperability between the chains is, in turn, powered by the Wormhole protocol to facilitate the token transfers.

最初，代币化基金可在雪崩，BNB链，以太坊和索拉纳区块链上获得。链条之间的互操作性又由虫洞协议提供动力，以促进令牌传输。

The new tokenized RWA leverages Securitize’s integrated services, which include tokenization, fund administration, transfer agency, and brokerage features to maximize market access, liquidity options, and operational efficiency.

新的令牌化RWA利用Securitize的集成服务，包括令牌化，基金管理，转让机构和经纪功能，以最大程度地提高市场访问，流动性选择和运营效率。

Another highlight is the “atomic liquidity” feature powered by the U.S. dollar-backed stablecoin AUSD, issued by the financial infrastructure firm Agora.

另一个亮点是由金融基础设施公司Agora发行的美元支持的Stablecoin Ausd的“原子流动性”功能。

“This collaboration showcases the best of Securitize’s fully integrated tokenization model and VanEck’s deep asset management expertise. With VBILL, our combined efforts demonstrate how tokenization can create new market opportunities with the speed, transparency, and programmability of blockchain technology,” said Securitize CEO, Ben Shapes.

“这项合作展示了证券化的完全集成的代币化模型和Vaneck的深层资产管理专业知识。通过VBILL，我们的合并努力证明了如何以速度，透明度和区块链技术的可编程性创造新的市场机会，” Ben Shapes的证券化CEO说。

“This is a significant milestone in the evolution of finance, and we are proud to be at the forefront of this innovation.”

“这是金融发展的重要里程碑，我们为能够处于这项创新的最前沿而感到自豪。”

Announcing the product earlier this year, VanEck’s Digital Assets Product Director, Kyle DaCruz, considered that tokenization of Treasury securities presents “a secure, transparent, and liquid tool for cash management, further integrating digital assets with traditional financial markets”.

Vaneck的数字资产产品总监Kyle Dacruz在今年早些时候宣布该产品时，认为国库券的令牌化提出了“一种安全，透明和液体工具，用于现金管理，将数字资产进一步与传统金融市场相结合”。

“Institutions are increasingly interested in diversifying their investment strategies and accessing new asset classes. Tokenized funds, like the VanEck® Treasury Fund, Ltd., are opening up new avenues for liquidity and efficiency in the market, and we are fully committed to generating optimal value for our investors.”

“机构越来越有兴趣多样化其投资策略并获得新的资产类别。像Vaneck®财政基金有限公司这样的标记资金正在为市场上的流动性和效率开放新的途径，我们完全致力于为我们的投资者带来最佳价值。”

Issuances and Subscriptions

发行和订阅

The shares of the BVI-lawed VanEck® Treasury Fund, Ltd., are issued and recorded on blockchain networks, offering investors greater transparency and faster settlement times compared to traditional fund structures.

在区块链网络上发行并记录了BVI-LawedVaneck®财政基金有限公司的股票，与传统基金结构相比，投资者更高透明度和更快的和解时间。

According to the firm, the fund is targeted at institutional and qualified investors. Minimum subscriptions start at $100,000 for investments on Avalanche, BNB Chain, and Solana, and $1,000,000 on Ethereum.

据该公司称，该基金针对机构和合格的投资者。最低订阅的价格为100,000美元，用于雪崩，BNB连锁店和Solana的投资，以及以太坊的1,000,000美元。

Those interested in investing in the tokenized product can contact the marketing agent, Van Eck Securities Corporation, or the placement agent, Securitize Markets, LLC for more information.

那些有兴趣投资令牌产品的人可以联系营销代理，Van Eck Securities Corporation或Specement Agent，Securitize Markets，LLC以获取更多信息。

The new offering is being administered by Securitize Fund Services, with the role of the oracle network for daily net asset value (NAV) calculations performed by RedStone. The fund’s asset custodian is State Street Bank and Trust Company.

新产品正在通过证券化基金服务进行管理，甲骨文网络每日净资产价值（NAV）计算由Redstone执行。该基金的资产保管人是州街银行和信托公司。

As for the investment manager, it is Van Eck Absolute Return Advisers Corporation.

至于投资经理，是Van Eck Absolute Report Advisers Corporation。

Nearly $7 Billion in Tokenized Securities

近70亿美元的令牌证券

Data from the platform RWA.xyz at the time of this edition indicated $6.91 billion in RWA tokens solely from U.S. Treasury securities. This represents 45 assets distributed among 18,029 holders.

该版本时的平台rwa.xyz的数据显示，RWA代币的69.1亿美元仅来自美国财政部证券。这代表了18,029个持有人分配的45个资产。

Of the total, $5.3 billion were tokens minted on the Ethereum network, $455.1 million on Stellar, $295.5 million on Solana, $187.4 million on Arbitrum, $120.5 million on Avalanche, and $139.6 million off-chain.

在以太坊网络上，造成了53亿美元的代币，在恒星网络上造成了4.551亿美元，索拉纳（Solana）的2.955亿美元，仲裁的1.874亿美元，雪崩1.205亿美元和1.396亿美元的脱节。

Contrary to the $21 billion market capitalization of tokenized assets, the CEO of Plume recently stated that the RWA market isn’t really worth that much.

与标记资产的210亿美元市值相反，Plume的首席执行官最近表示，RWA市场并不是那么值得这么多。