Key Takeaways:
- VanEck launches its first tokenized fund, VBILL, offering exposure to U.S. Treasury bills across Avalanche, BNB Chain, Ethereum, and Solana.
- Ethereum-based VBILL investments require a $1 million minimum, while other chains set a $100,000 threshold.
- The move aligns VanEck with major firms like BlackRock and Franklin Templeton entering the tokenized real-world asset space.
VanEck has launched its first tokenized real-world asset (RWA) fund, VBILL, offering institutional investors exposure to U.S. Treasury bills.
Developed in partnership with tokenization platform Securitize, the fund operates on four blockchains: Avalanche, BNB Chain, Ethereum, and Solana.
🚨 New launch: Securitize x VanEck – Bringing Treasuries On-Chain
— Securitize (@Securitize) May 13, 2025
Today, we’re proud to announce the launch of $VBILL, @vaneck_us’ first tokenized fund, issued via Securitize and backed by short-term U.S. Treasuries.
Now live across @avax, @Ethereum, @Solana, and for the first… pic.twitter.com/eO1YhDlWdV
Minimum investments are set at $100,000 for Avalanche, BNB Chain, and Solana, while Ethereum requires $1 million.
This move places VanEck among major financial firms like BlackRock and Franklin Templeton, which have already launched similar tokenized Treasury products.
U.S. Treasurys are now the second-largest asset class in the tokenized market, with a market cap of $6.9 billion, following private credit.
VanEck’s partner, Securitize, has tokenized over $3.9 billion in assets and recently raised $47 million in a strategic funding round led by BlackRock.
This launch underscores the growing momentum of RWA tokenization in traditional finance, which proponents argue provides faster settlement, and enhanced liquidity for typically illiquid assets.
The entry of major players like VanEck reflects the rising interest in merging traditional assets with blockchain technology.