A leading active active platform with nearly $ 4 billion in token titles under management is associated with Vaneck to launch the first tokenized fund of the global investment company.
In a new press release, Vaneck announces the launch of the Vaneck Treasury Fund (VBILL) in partnership with Securitize.
VBILL is available for use on Avalanche (AVAX), the BNB (BNB), Ethereum (ETH) and Solana (floor) chain, all layer 1 blockchains.
Said Carlos Domingo, co-founder and CEO of Securitize, partnership,
“We are proud to continue to improve the way investors access token titles.
This collaboration merges the best fully integrated tokenization model to securitize with the in -depth expertise in Vaneck’s asset management. With VBILL, our combined efforts demonstrate the ability of token to create new market opportunities with speed, transparency and programmability of blockchain technology. »»
VBILL uses the tokenization, administration of funds, transfer and broker service services.
Add Kyle Dacruz, Director of Digital Assets at Vaneck,
“By providing chain treasury bills, we provide investors with a secure, transparent and liquid tool for cash management, further incorporating digital assets into traditional financial markets.
Tokenized funds like VBILL improve the liquidity and efficiency of the market, stressing our commitment to provide value to our investors. »»
Last month, the American Securities and Exchange (SEC) Green commission enlightened a new (ETF) fund linked to the crypto-line at the Crypto “of Vaneck.
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