VanEck Launches Tokenized US Treasury Bond Fund VBILL

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BlockBeats News, May 14th, according to Nftgators, global asset management firm VanEck announced the launch of the tokenized US Treasury bond fund VBILL, which is tokenized through the Securitize platform. VBILL has been launched on the Avalanche, BNB Chain, Ethereum, and Solana networks, with the minimum investment amount on the Ethereum network being 1 million USD and 100,000 USD on other networks. The fund price will be updated daily through the RedStone oracle service, and the assets are custodied by BNY Mellon.

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