VanEck has launched its first tokenized treasury fund, VBILL, on Ethereum, Solana, Avalanche, and BNB Chain via Wormhole. The fund aims to simplify access to U.S. Treasury-backed securities for institutional investors. Partnering with Securitize, VanEck integrates blockchain efficiency with traditional asset management.
- VBILL is available on Ethereum, Solana, Avalanche, and BNB Chain via Wormhole, enabling cross-chain interoperability.
- Minimum subscription thresholds are $100,000 for Avalanche, Solana, and BNB Chain, and $1 million for Ethereum.
- Securitize provides end-to-end services, including tokenization, fund administration, and broker-dealer support.
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