Investment giant VanEck has announced the launch of its first tokenized real-world asset (RWA) fund, VBILL, developed in collaboration with tokenization platform Securitize. The fund offers exposure to US Treasury bills and will be available on Avalanche, BNB Chain, Ethereum, and Solana, with minimum investments starting at $100,000 for the first three chains and $1 million for Ethereum.
This move places VanEck among a growing wave of traditional finance firms diving into the RWA space, joining the ranks of heavyweights like BlackRock, Franklin Templeton, and Apollo, which recently launched its own private credit tokenized fund. With the US Treasury market boasting a massive $6.9 billion in tokenized assets, it remains one of the largest asset classes in this emerging sector.
VanEck’s partner, Securitize, has already tokenized over $3.9 billion in assets and recently secured $47 million in a strategic funding round led by BlackRock, reflecting the rising confidence in this rapidly evolving market.
Meanwhile, SEC Chair Paul Atkins recently drew parallels between the digitization of music and the tokenization of securities, emphasizing that blockchain technology has the potential to revolutionize how assets are issued, traded, and owned. As the tokenization wave builds momentum, it's clear that the financial landscape is set for a fundamental shift.
