Vaneck launched on Tuesday 13 the Vaneck® Treasury Fund, Ltd. (Vbill). It is the first asset asset tokenization fund (RWA) of the Global Manager. This was achieved via a partnership with Securitize, a RWA platform with a total asset under management (AUM) of $ 3.9 billion (May 12). A volume that should soon increase, because the VBILL has been designed to provide investors with sure and real-time access to assets guaranteed by the United States Treasury.
In short
- The VBILL can be issued via several blockchains at any time.
- The fund is intended for qualified investors and minimum subscriptions are $ 100,000 or $ 1,000,000, according to blockchain.
- The new product strengthens a market of almost $ 7 billion in token American titles.
VBILL: Exhibition at treasure titles on several blockchains
Vaneck, who has applied for a BNB ETF in the United States, has just launched the Vaneck® Treasury Fund, Ltd. (VBILL) via a partnership with the Rwa Tokenized Securitize platform. A tokenized product that exposes investors to the monetary market funds guaranteed by titles of the US Treasury.
According to The global investment manager, the VBILL offers liquidity 24 hours a day, 7 days a week and real -time regulations, via onramps by the stablecoin USDC.
Initially, the tokenized fund is available on avalanche, BNB Chain, Ethereum and Solana blockchains. Interoperability between blockchains is activated by the Wormhole protocol to facilitate safe and fluid tokens transfers.
The new RWA Tokenized uses the integrated securitize services, including tokenization, fund administration, transfer agency and brokerage features to improve market access, liquidity options and operational efficiency.
Another characteristic of the new tokenized investment product is “atomic liquidity” via stablecoin backed by the US Dollar Ausd, issued by the financial infrastructure company Agora.
This collaboration combines the best of the fully integrated tokenization model of Securitize with the deep expertise of Vaneck in asset management. With VBILL, our joint efforts demonstrate the ability of token to create new market opportunities with speed, transparency and programmability of blockchain technology.
Co -founder and CEO of Securitize, Carlos Domingo
Vaneck's digital asset product director Kyle Dacruz considered that the tokenization of treasury titles represents “A safe, transparent and liquid tool for cash management, further incorporating digital assets into traditional financial markets”.
Tokenized funds and VBILL increases the liquidity and efficiency of the market, strengthening our commitment to create value for our investors.
TRADINGS AND Subscriptions
The shares of the VBILL are issued and recorded on blockchain networks, offering investors more transparency and faster liquidation deadlines than with traditional fund structures. According to Vaneck, the fund is intended for institutional and qualified investors. Minimum subscriptions start at $ 100,000 for Avalanche, BNB Chain and Solana investments, and $ 1,000,000 on Ethereum.
Regulation, guard and management
The Vaneck® Treasury Fund, Ltd. is organized according to the laws of the British Virgin Islands, with Van Eck Absolute Return Advisers Corporation acting as Investment Manager and Van Eck Securities Corporation as a commercial agent. Securitize markets, LLC acts as an investment agent of the offer.
Vaneck also said that the fund will be administered by Securitize Fund Services, while Redstone will act as an oracular network responsible for providing daily calculations of the net asset value (NAV). The assets of the fund will be kept by State Street Bank and Trust Company, as a Custode.
Nearly $ 7 billion in token titles
Data from the Rwa.xyz platform at the time of this edition indicated $ 6.91 billion in RWA tokens only for US Treasury titles. This represented 45 assets divided between 18,029 holders.
Of the total, 5.3 billion dollars came from tokens issued on the Ethereum network, 455.1 million on Stellar, 295.5 million on Solana, 187.4 million on Arbitrum, 120.5 million on Avalanche, and 139.6 million outside the channel (off-chain).
Between the grain of the $ 21 billion in capitalization of the tokenized asset market, the PDG of Plume recently declared that the RWA market was not worth as much.
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