{"id":391959,"date":"2025-05-13T21:13:06","date_gmt":"2025-05-13T15:43:06","guid":{"rendered":"https:\/\/dripp.zone\/news\/vanecks-first-tokenized-fund-vbill-launches-on-solana-ethereum-bnb-chain-avalanche-crypto-news\/"},"modified":"2025-05-13T21:13:06","modified_gmt":"2025-05-13T15:43:06","slug":"vanecks-first-tokenized-fund-vbill-launches-on-solana-ethereum-bnb-chain-avalanche-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/vanecks-first-tokenized-fund-vbill-launches-on-solana-ethereum-bnb-chain-avalanche-crypto-news\/","title":{"rendered":"VanEck\u2019s First Tokenized Fund VBILL Launches On Solana, Ethereum, BNB Chain & Avalanche – Crypto News"},"content":{"rendered":"

\"VanEck\u2019s<\/p>\n

In a groundbreaking move, VanEck tokenized fund VBILL has gone live on major blockchain networks like Solana, Ethereum, BNB Chain, and Avalanche. The multichain launch milestone was achieved in partnership with Securitize, a leading tokenization platform.<\/p>\n

VanEck Treasury Fund VBILL offers investors real-time access to U.S. Treasury-backed assets with enhanced security and transparency.<\/p>\n

\u201cBy 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,\u201d stated Kyle DaCruz, Director of Digital Assets Product at VanEck.<\/p>\n

VanEck Launches VBILL on Solana, Ethereum, BNB Chain, Avalanche<\/h2>\n

In a recent press release, VanEck announced the launch<\/a> of its first tokenized fund (VBILL) on multiple blockchain networks. Leveraging blockchain\u2019s potential, the asset manager intends to revolutionize investment accessibility and flexibility in the realm of short-term U.S. Treasuries.<\/p>\n

Reportedly, VanEck tokenized fund is now live on Avalanche, BNB Chain, Ethereum, and Solana. Wormhole\u2019s cross-chain interoperability enables smooth and secure token transfers between these networks. Integrating Securitize\u2019s services like tokenization, fund administration, transfer agency, and broker-dealer capabilities, VBILL is expected to enhance market access, liquidity, and operational efficiency for investors. DaCruz cited, \u201cTokenized funds like VBILL are enhancing market liquidity and efficiency, underscoring our commitment to providing value to our investors.\u201d<\/p>\n

It is noteworthy that VanEck\u2019s VBILL launch on the BNB Chain coincides with the increasing BNB ETF frenzy. Recently, the asset manager filed an S-1 form<\/a> to launch the first-ever BNB ETF.<\/p>\n

VBILL to Drive Innovation through Tokenization<\/h2>\n

Notably, VanEck crypto fund is set to revolutionize the tokenization of real-world assets, offering enhanced liquidity and accessibility. In an X post, Securitize wrote, \u201cVBILL is a blockchain-native alternative to money market funds: This U.S. Treasury-backed fund unlocks 24\/7 liquidity, real-time settlement, and institutional-grade infrastructure. A major milestone in bringing real-world assets on-chain.\u201d<\/p>\n

Further, commenting on the collaboration with VanEk, Securitize co-founder Carlos Domingo added,<\/p>\n

\n

This collaboration merges the best of Securitize\u2019s fully integrated tokenization model with VanEck\u2019s deep expertise of asset management. With VBILL, our combined efforts demonstrate tokenization\u2019s ability to create new market opportunities with the speed, transparency, and programmability of blockchain technology.<\/p>\n<\/blockquote>\n

Significantly, this development comes amid the US SEC\u2019s increased discussions on tokenization<\/a>.<\/p>\n

The post VanEck\u2019s First Tokenized Fund VBILL Launches On Solana, Ethereum, BNB Chain & Avalanche<\/a> appeared first on CoinGape<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

In a groundbreaking move, VanEck tokenized fund VBILL has gone live on major blockchain networks like Solana, Ethereum, BNB Chain, and Avalanche. The multichain launch milestone was achieved in partnership with Securitize, a leading tokenization platform. VanEck Treasury Fund VBILL offers investors real-time access to U.S. Treasury-backed assets with enhanced security and transparency. \u201cBy bringing […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-391959","post","type-post","status-publish","format-standard","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/391959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=391959"}],"version-history":[{"count":0,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/391959\/revisions"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=391959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=391959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=391959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}