Asset manager VanEck has announced the launch of its tokenized fund VBILL on four blockchain networks, providing real-time access to U.S. Treasury assets.
Launch of VBILL Fund on Blockchains
The VBILL fund is fully launched on Solana, Ethereum, BNB Chain, and Avalanche networks. The fund allows investors to access U.S. Treasury assets using blockchain-based infrastructure, ensuring nonstop liquidity and increasing transparency.
Collaboration with Securitize
Securitize provides a full range of services for the VBILL fund, including token issuance, administration, and broker-dealer functions. This collaboration aims to enhance operational efficiency and liquidity for both institutional and retail investors.
Modern Approaches to Tokenized Funds
With the help of the Wormhole messaging protocol, the VBILL fund ensures secure cross-chain transactions. The fund's tokens can be moved between supported blockchain networks, offering flexibility for investors.
The VBILL fund from VanEck represents a step towards the adoption of tokenized assets and modern investment practices, facilitating increased liquidity and improved cash management.
