VanEck and Securitize Launch Tokenized Treasury Fund on Ethereum, Solana and Two Other Chains
A leading real-world asset platform with nearly $4 billion in tokenized securities under management is partnering with VanEck to launch the global investment firm’s first tokenized fund. In a new press release, VanEck announces the launch of VanEck Treasury Fund (VBILL) in partnership with Securitize. VBILL is available for use on Avalanche (AVAX), BNB Chain (BNB), Ethereum (ETH) and Solana (SOL), all layer-1 blockchains. Says Carlos Domingo, Co-Founder and CEO of Securitize, of the partnership, “We are proud to continue enhancing how investors access tokenized securities. This collaboration merges the best of Securitize’s fully integrated tokenization model with VanEck’s deep expertise of asset management. With VBILL, our combined efforts demonstrate tokenization’s ability to create new market opportunities with the speed, transparency, and programmability of blockchain technology.” VBILL uses Secruitize’s tokenization...