VanEck and Securitize Launch Tokenized Fund on Four Blockchains
VanEck and Securitize have launched VBILL, a tokenized fund offering onchain exposure to short-term Treasury bills on Avalanche, BNB Chain, Ethereum, and Solana. The minimum subscription is $100,000.
On this page
Two major players in the financial sector—VanEck and Securitize—have teamed up to launch a fund that brings U.S. Treasury exposure fully onchain.
The new product, VanEck Treasury Fund Ltd. (VBILL), is now live across four blockchains:
- Avalanche
- BNB Chain
- Ethereum
- Solana
The fund aims to offer investors a transparent and liquid cash management solution, with 24/7 access and cross-chain operability enabled through the Wormhole bridge.
VBILL Fund Features
The VBILL fund offers direct onchain exposure to short-term U.S. Treasury bills, enabling fast capital deployment and lower operational overhead.
- State Street serves as a custodian.
- RedStone’s oracle infrastructure delivers daily valuations.
- USDC from Circle facilitates onchain settlements, streamlining fiat-to-crypto conversion.
- Agora’s AUSD enables atomic liquidity, allowing one-click swaps of VBILL tokens for AUSD via a purpose-built smart contract.
Investment Terms and Market Snapshot
The minimum investment in VBILL is $100,000 on Avalanche, BNB Chain, and Solana. However, investors on Ethereum must commit at least $1 million.
According to RWA.xyz, nearly $23 billion in real-world assets have been tokenized as of this writing. U.S. Treasuries represent approximately $6.9 billion, posting a year-over-year increase of more than 500%.
By combining traditional financial instruments with blockchain infrastructure, tokenized funds like VBILL aim to improve liquidity efficiency and reduce settlement times to just a few seconds.
Related: VanEck Kicks Off U.S. Spot BNB ETF Race with First Filing
Securitize’s Role and What’s Next
Securitize, a platform managing over $3.9 billion in tokenized assets, is the strategic partner behind the VBILL fund. In April 2025, Securitize partnered with Mantle to launch an institutional crypto index fund, backed by a $400 million anchor investment.
With VBILL, our combined efforts demonstrate tokenization’s ability to create new market opportunities with the speed, transparency, and programmability of blockchain technology,
said Carlos Domingo, co-founder and CEO of Securitize.
Regulatory Outlook
Speaking at an SEC roundtable on May 12, Chair Paul Atkins compared the transition to onchain securities with the digital revolution in the music industry. This position reflects a growing willingness among policymakers to explore new models for the circulation of securities within decentralized environments.
Just as the shift to digital audio revolutionized the music industry, the migration to onchain securities has the potential to remodel aspects of the securities market by enabling entirely new methods of issuing, trading, owning, and using securities,
said Atkins.
Related: Securitize Raises Funding From Jump Crypto to Expand Institutional RWA Access
The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.
Articles by this author
