VanEck and Securitize announced a collaboration to launch a tokenized U.S. Treasury fund named VanEck Treasury Fund Ltd. (VBILL), aimed at providing investors with on-chain investment opportunities in U.S. Treasuries. The fund is issued across four major blockchain platforms: Avalanche, BNB Chain, Ethereum, and Solana, utilizing Wormhole to achieve cross-chain interoperability. The VBILL fund positions itself as a secure, transparent, and highly liquid cash management tool, with minimum investment amounts set at 100 thousand USD for the Avalanche, BNB Chain, and Solana platforms, and 1 million USD for the Ethereum platform. Securitize, as a leading real-world asset tokenization platform managing over 3.90 billion USD in tokenized securities, has previously partnered with renowned institutions such as Apollo and BlackRock. This collaboration demonstrates the potential of blockchain technology to enhance market liquidity and efficiency.

VanEck and Securitize said Tuesday they have partnered to launch a tokenized fund offering investors onchain exposure to U.S. Treasurys.The fund, called VanEck Treasury Fund Ltd. (VBILL), is aimed at providing a secure, transparent and liquid tool for cash management."Tokenized funds like VBILL are enhancing market liquidity and efficiency, underscoring our commitment to providing value to our investors," VanEck's Director of Digital Assets Product Kyle DaCruz said in a statement.While leveraging "Securitize's integrated services" the VBILL fund is initially available on Avalanche, BNB Chain, Ethereum and Solana blockchains with Wormhole facilitating cross-chain interoperability. Securitize is the leading platform for real-world assets with over $3.9 billion in tokenized securities, according to the statement. The company has worked with firms such as Apollo, BlackRock, Hamilton Lane and KKR."With VBILL, our combined efforts demonstrate tokenization's ability to create new market opportunities with the speed, transparency, and programmability of blockchain technology," Securitize co-founder and CEO Carlos Domingo said.To buy into VBILL, a minimum investment of $100,000 is required for exposure on Avalanche, BNB Chain and Solana, or $1,000,000 on Ethereum, the companies said.Last month, Securitize launched an institutional crypto index fund in partnership with Mantle, which committed $400 million as the fund's anchor investment.According to RWA.xyz, there is currently nearly $23 billion worth of real-world assets represented onchain.

VanEck Partners with Securitize to Launch Cross-Chain Tokenized U.S. Treasury Fund VBILL