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Vaneck started Tuesday 13. Fund Treasury Fund Vaneck®, Ltd. (Vbill). It is the first Fund of Asset token (RWA) of the global manager. This has been achieved through a partnership with Securitize, the RWA platform with total asset management (AUM) of $ 3.9 billion (May 12). The volume that should soon increase because VBill has been designed to give investors a certain and real approach to the assets supported by the US cash register.
In short
- Vbill can be released at any time through several blockchains.
- The fund is designed for qualified investors and the minimum subscription is $ 100,000 or $ 1,000,000, according to blockchain.
- The new product strengthens the market of nearly $ 7 billion in US tokens.
VBILL: Exhibition of Treasure titles on several blockchains
Vaneck, who applied for BNB ETF in the United States, has just launched the Fund Treasury Fund Vaneck®, Ltd. (Vbill) in cooperation with the platform of securitized securitization RWA. A tokenized product that exposes investors of the money market funds supported by the titles of the US Treasury.
According to the overall investment manager, VBill offers liquidity 24 hours a day, 7 days a week, with real -time regulations, through Onramps in Stablecoin USDC.
The tokenized fund is initially available on the blockchains of avalanches, BNB, Ethereum and Solan. The interoperability between the blockchains is activated by the wormhole protocol to facilitate the transmissions of the safe and the interruption of the tokens.
The new tokenized RWA uses integrated securitization services, including tokenization, fund management, transmission agencies and mediation functions to improve market access, liquidity and operational efficiency.
Another characteristic of the new tokenized investment product is “atomic liquidity” through stablecoin supported by the US AUSD, issued by Agora’s financial infrastructure.
This cooperation combines the best of the completely integrated tokenization model of securitization with deep expertise Vaneckk in the management of asset. With vbill, our common effort shows the ability to token to create new market opportunities with the speed, transparency and programability of blockchain technology.
What -founder and CEO of Securitize, Carlos Domingo.
Director of Vaneck Digital Active Production Kyle Dacruz believed that the tokenization of the Treasury titles represents “Safe, transparent and liquid tool for cash management and incorporating digital assets into traditional financial markets”.
Tokenized funds and vbill increase market liquidity and efficiency and strengthen our commitment to create value for our investors.
Emission and subscription
VBILL shares are issued and recorded on blockchain networks that offer investors more transparency and quick settlement compared to traditional fund structures. According to Vaneck, the Fund is intended for institutional and qualified investors. The minimum subscription starts at $ 100,000 for avalanche, BNB Chain and Solan Investments and $ 1,000,000 per Ethereum.
Regulation, binding and driving
Fund Treasury Fund Vaneck®, Ltd. It is organized in accordance with the laws of the British Virgin Islands, while Van ECK Absolute Return Advisters Corporation acts as an investment manager and van ECK Securities Corporation as a marketing agent. Securitize Markets, LLC acts as an investment agent offer.
Vaneck also reported that the fund would be managed by Securitize Fund Services, with Redstone acting as Oracles Network to provide daily calculations of net value of assets (VPL). The customer of the Fund’s assets is a state street and a trusted company.
Nearly $ 7 billion in token titles
RWA.XYZ data on the date of this edition indicated 6.91 billion dollars in RWA tokens only in American treasury titles. This represented 45 assets divided into 18,029 holders.
Out of the total of $ 5.3 billion, tokens were issued in the Ethereum network, 455.1 million per stellar, 295.5 million in Solana, 187.4 million per arbitrum, 120.5 million on Avalanche and 139.6 million without a chain.
Among the grain of $ 21 billion in the capitalization of the tokenized active market, the CEO of Plme recently said that the RWA market is not worth it.
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A universal journalist who began his career in the exact sciences without leaving. He began his career in fiction, working in several editorial positions until he discovered a fascinating and revolutionary cryptocurrency world in 2020. Scence was then blockchain and other technologies part of its daily routine, learning and contributing to this fascinating and transformation university.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.