VanEck’s First Tokenized Fund VBILL Launches On Solana, Ethereum, BNB Chain & Avalanche

By: coingape|2025/05/13 23:45:05
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In a groundbreaking move, VanEck tokenized fund VBILL has gone live on major blockchain networks like Solana, Ethereum, BNB Chain, and Avalanche. The multichain launch milestone was achieved in partnership with Securitize, a leading tokenization platform.VanEck Treasury Fund VBILL offers investors real-time access to U.S. Treasury-backed assets with enhanced security and transparency.“By bringing U.S. Treasuries on-chain, we are providing investors with a secure, transparent, and liquid tool for cash management, further integrating digital assets into mainstream financial markets,” stated Kyle DaCruz, Director of Digital Assets Product at VanEck.VanEck Launches VBILL on Solana, Ethereum, BNB Chain, AvalancheIn a recent press release, VanEck announced the launch of its first tokenized fund (VBILL) on multiple blockchain networks. Leveraging blockchain’s potential, the asset manager intends to revolutionize investment accessibility and flexibility in the realm of short-term U.S. Treasuries.Reportedly, VanEck tokenized fund is now live on Avalanche, BNB Chain, Ethereum, and Solana. Wormhole’s cross-chain interoperability enables smooth and secure token transfers between these networks. Integrating Securitize’s services like tokenization, fund administration, transfer agency, and broker-dealer capabilities, VBILL is expected to enhance market access, liquidity, and operational efficiency for investors. DaCruz cited, “Tokenized funds like VBILL are enhancing market liquidity and efficiency, underscoring our commitment to providing value to our investors.”It is noteworthy that VanEck’s VBILL launch on the BNB Chain coincides with the increasing BNB ETF frenzy. Recently, the asset manager filed an S-1 form to launch the first-ever BNB ETF.VBILL to Drive Innovation through TokenizationNotably, VanEck crypto fund is set to revolutionize the tokenization of real-world assets, offering enhanced liquidity and accessibility. In an X post, Securitize wrote, “VBILL is a blockchain-native alternative to money market funds: This U.S. Treasury-backed fund unlocks 24/7 liquidity, real-time settlement, and institutional-grade infrastructure. A major milestone in bringing real-world assets on-chain.”Further, commenting on the collaboration with VanEk, Securitize co-founder Carlos Domingo added,This collaboration merges the best of Securitize’s fully integrated tokenization model with VanEck’s deep expertise of asset management. With VBILL, our combined efforts demonstrate tokenization’s ability to create new market opportunities with the speed, transparency, and programmability of blockchain technology.Significantly, this development comes amid the US SEC’s increased discussions on tokenization.The post VanEck’s First Tokenized Fund VBILL Launches On Solana, Ethereum, BNB Chain & Avalanche appeared first on CoinGape.

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Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.

The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.


Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.


Simplified Trading Experience: No KYC Required, Opening a Position in Five Steps


Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.


The trading process has been streamlined into five steps:

· Choose the trading asset

· Select long or short

· Input position size and leverage

· Confirm order details

· Confirm and open the position


The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.


Social-Native Trading: Strategy and Execution Completed in the Same Context


Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:

· End-to-end encrypted private groups supporting up to 1024 members

· End-to-end encrypted voice communication

· One-click position sharing

· One-click trade copying


On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.


By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.


Referral Mechanism: Non-institutional users can receive up to 60% fee split


Mixin has also introduced a referral incentive system based on trading behavior:

· Users can join with an invite code

· Up to 60% of trading fees as referral rewards

· Incentive mechanism designed for long-term, sustainable earnings


This model aims to drive user-driven network expansion and organic growth.


Self-Custody Architecture and Built-in Privacy Mechanism


Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:


· Separation of transaction account and asset storage

· User full control over assets

· Platform does not custody user funds

· Built-in privacy mechanisms to reduce data exposure


The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.


A New Path for On-Chain Derivatives


Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.


The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.


Regulatory Background


Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.


This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."


The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.


About Mixin


Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.


Its core capabilities include:

· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations

· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets

· Decentralization: achieving full user control over assets without relying on custodial intermediaries

· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication


Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.


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