VanEck and Securitize Bring Tokenized Real-World Assets on BNB Chain

Investment management firm VanEck has teamed up with tokenization platform Securitize to launch the VanEck Treasury Fund (VBILL), a tokenized fund backed by U.S. Treasuries on BNB Chain. This collaboration merges VanEck's renowned asset management expertise with Securitize's cutting-edge tokenization model, aiming to create a seamless, transparent, and efficient platform for institutional investors.

In addition to offering traditional fund-like features, VBILL incorporates some unique innovations. One such feature is its support for Agora's USD stablecoin (AUSD), which allows for atomic liquidity. This enables users to trade and settle transactions instantly, without the need for intermediary steps, ensuring smoother and more efficient liquidity flows.

Furthermore, the integration of USDC onramps facilitates the 24/7 issuance of VBILL tokens, enabling investors to buy and sell shares at any time, regardless of market hours. 

A Blockchain-Based Alternative

VBILL offers a blockchain-powered alternative to traditional money market funds. With U.S. Treasuries as its backbone, the fund ensures high security and stability, all while introducing the advantages of 24/7 liquidity and real-time settlement. Unlike conventional funds, which operate on rigid schedules, VBILL utilizes blockchain's inherent capabilities to provide faster transactions and greater transparency.

"We are proud to continue enhancing how investors access tokenized securities," said Carlos Domingo, Co-Founder and CEO of Securitize. "With VBILL, our combined efforts demonstrate tokenization's ability to create new market opportunities with the speed, transparency, and programmability of blockchain technology."

Initially available on four major blockchain platforms—Avalanche, BNB Chain, Ethereum, and Solana—VBILL leverages the Wormhole protocol for cross-chain interoperability. This integration aims to facilitate smooth token transfers across different networks, allowing investors to access the fund on their preferred blockchain.

Aimed at Institutional and Qualified Investors

VBILL is designed primarily for institutional investors, with minimum subscription amounts of $100,000 for investments on Avalanche, BNB Chain, and Solana, and $1,000,000 on Ethereum. 

VBILL’s integration into the BNB Chain ecosystem, one of the largest and most active blockchain networks globally, is another step forward in democratizing access to institutional-grade, tokenized financial products. BNB Chain’s infrastructure—known for its high throughput, low transaction costs, and compatibility with Ethereum Virtual Machine (EVM)—provides the scalability and speed required to support such complex tokenized funds.

Securitize’s integrated services, including tokenization, fund administration, transfer agency, and broker-dealer capabilities, are utilized to ensure that the fund operates smoothly. Securitize’s proven track record of managing over $3.9 billion in tokenized assets, including partnerships with industry giants like Apollo, BlackRock, KKR, and Hamilton Lane, adds credibility to the VBILL offering.

Additionally, State Street Bank and Trust Company serves as the custodian for the fund’s assets, ensuring high standards of security.

“Tokenized real-world assets are one of the most promising frontiers in blockchain adoption, and we’re thrilled to welcome Securitize to the BNB Chain ecosystem,” said Sarah Song, Head of Business Development at BNB Chain. “Our infrastructure is designed to support scalable, low-cost, and secure financial applications that bring regulated, institutional-grade products on-chain for a global audience.”