VanEck is the latest asset manager to launch a tokenized treasury fund, the VanEck Treasury Fund (VBILL) with Securitize as its partner for tokenization, fund administration and transfer agency. Securitize is also BlackRock’s partner for its BUIDL money market fund.
“By bringing U.S. Treasuries on-chain, we are providing investors with a secure, transparent, and liquid tool for cash management, further integrating digital assets into mainstream financial markets,” said Kyle DaCruz, Director of Digital Assets Product at VanEck. “Tokenized funds like VBILL are enhancing market liquidity and efficiency, underscoring our commitment to providing value to our investors.”
The British Virgin Island fund targets institutional and qualified investors with minimum subscriptions starting at $100,000 for investments on Avalanche, BNB Chain, and Solana, and $1,000,000 on Ethereum.
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