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Brothers, the weekend is very enjoyable without work! This feast will leave you all with a full load, I'll take care of the bill, okay? Close your eyes and don't be sad š Brothers, what do you think about the market going down or up next? #BTCāļø
RWA: VanEck Launches Tokenized Fund Backed By US Treasury Securities Fri 16 May 2025 āŖ 5 min read āŖ
Getting informed āŖ Blockchain VanEck launched on Tuesday the 13th the VanEckĀ® Treasury Fund, Ltd. (VBILL). This is the worldās first real-world asset (RWA) tokenization fund from the global asset manager. This was achieved through a partnership with Securitize, an RWA platform with total assets under management (AuM) of $3.9 billion (as of May 12). This volume is expected to increase soon, as VBILL was designed to provide investors with secure, real-time access to assets backed by the United States Treasury
In Brief VBILL can be issued through multiple blockchains at any time. The fund is intended for qualified investors and minimum subscriptions are $100,000 or $1,000,000, depending on the blockchain. The new product arrives to boost an almost $7 billion market in tokenized U.S. Treasury securities.
The weekly chart of SOL has formed a bullish cup and handle pattern. After rebounding from $135, the price is now approaching the key resistance level of $200 - $210. The current price is $168.2. Although it has recently dropped by 1.57%, the pattern still holds, and the bulls are still striving to break through.
From the perspective of capital flow, the forces of buyers and sellers are about equal, with everyone inclined to hold their coins rather than sell. This is beneficial for the upward movement, but it also indicates that market confidence is somewhat lacking. Trading data shows that 70% of traders are bullish; however, the overall market sentiment remains cautious. Additionally, the interest of ordinary investors in SOL has declined, which may slow down its rise.
If SOL can break through $200, it is likely to surge significantly; if not, the price may continue to fluctuate or even decline. The market is still observing, waiting for SOL to provide a clear signal.