According to Wu, VanEck announced the launch of the VanEck Treasury Fund (VBILL), offering on-chain short-term U.S. Treasury investment products based on Avalanche, BNB Chain, Ethereum, and Solana networks. The minimum investment threshold is $100,000 for most blockchains, and $1 million on Ethereum. Pricing is updated daily through RedStone Oracle, and the assets are custodied by State Street.