Avax.network — Asset Manager VanEck Joins Tokenization Race With U.S. Treasury Fund Token

Avax.network — Asset Manager VanEck Joins Tokenization Race With U.S. Treasury Fund Token

VanEck, a major global asset manager, has entered the tokenization space by launching VBILL, a U.S. Treasury fund token. This move reflects a growing interest among financial institutions in using blockchain to streamline operations and reduce settlement costs associated with traditional asset management.

Key Ideas

  1. VBILL Launch via Avalanche and Securitize: VanEck’s first tokenized fund, VBILL, offers on-chain access to short-term U.S. Treasuries through Avalanche and other blockchain networks, with a $100,000 minimum investment threshold.

  2. Industry Trend Toward RWA Tokenization: Asset tokenization is accelerating, driven by efficiencies in cost and settlement speed that appeal strongly to institutional investors.

  3. Opportunity for Entrepreneurs: There's an opening for fintech innovators to build fractionalized platforms that make high-value tokenized assets like VBILL accessible to smaller investors, possibly by collaborating with firms like Securitize or leveraging Avalanche’s institutional toolsets.

Read the whole article at: avax.network