VanEck Launches Tokenized Treasury Bond Fund on Multiple Blockchain Networks

VanEck has launched a new tokenized Treasury bond fund, VBILL, accessible across multiple blockchain networks including Solana, AVAX, Ethereum, and BNB Chain. This innovative fund offers institutional investors access to US Treasury bonds in a decentralized manner, leveraging the speed and efficiency of blockchain technology. 24/7 liquidity and real-time settlement are facilitated by Wormhole, enabling seamless interaction with traditional finance products within the DeFi ecosystem.