VanEck has collaborated with Securitize to introduce a tokenized fund named VBILL, offering on-chain access to short-term US Treasury investments. This offering can be accessed on the Avalanche, BNB Chain, Ethereum, and Solana blockchains.

The fund targets qualified and institutional investors, who must make a minimum investment of $100,000 to $1 million. VBILL presents an opportunity for crypto-native companies to gain exposure to Treasuries.

VanEck is expanding its offerings by digitalizing US Treasury exposure through VBILL, thereby enhancing the integration of digital assets into conventional financial markets. With the inclusion of features like Wormhole, the fund ensures interoperability across platforms.

Securitize, a prominent tokenization firm, is set to manage logistics and usability aspects of VBILL, ensuring smooth operations for investors. Retail investors are excluded from participating in this initiative.

US Treasury bonds have gained traction in the crypto space, exemplified by Tether's significant Treasury purchases. The stablecoin industry mandates Treasury reserves, leading to increased interest in these assets. Through VBILL, VanEck aims to facilitate crypto firms' entry into this market.