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VanEck debuts the Treasury Fund (VBILL), offering on-chain access to Treasuries across Avalanche, Ethereum, Solana, and BNB Chain.
What’s the Scoop?
- Tokenized Access: VanEck introduced VBILL, providing qualified investors on-chain access to short-term U.S. Treasury debt through multiple blockchain networks.
- Operational Efficiency: The fund aims to offer faster settlements and reduced transaction costs by leveraging tokenized assets.
- Investment Threshold: Investors can join with a $100,000 minimum on most blockchains, while Ethereum’s entry requires at least $1 million.