🤝 #W Company VanEck has launched its first tokenized fund in partnership with Wormhole.

⊹ VanEck Treasury Fund (Token: #VBILL) is a fully collateralized tokenized equivalent of a money market fund, available to qualified investors.

⊹ Wormhole will provide cross-chain access to #VBILL on Avalanche (#AVAX), BNB Chain (#BNB), Ethereum (#ETH), Solana (#SOL), and others.

⊹ Company Securitize (partner of BlackRock, Apollo, KKR) will handle the infrastructure for the #VBILL fund.

⊹ VanEck is the issuer of a spot Bitcoin ETF. Assets under management = $120,000,000,000+.

Earlier: Securitize and Wormhole