PANews reported on May 13 that VanEck, with an asset management scale of US$120 billion, launched its first tokenized Treasury bond fund, VBILL, which has been launched on Solana, AVAX, BNB Chain and Ethereum. VBILL is tokenized through Securitize, and Wormhole provides cross-chain interoperability, supports 24/7 liquidity and real-time settlement, and aims to provide institutional investors with an on-chain alternative based on US Treasury yields.
VanEck launches multi-chain Treasury bond fund VBILL, Wormhole provides cross-chain support
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