VanEck and Securitize Partners to Launch Innovative Blockchain-Based Treasury Fund With RedStone As The Primary Blockchain Oracle
RedStone will support daily Net Asset Value (NAV) calculations for VBILL, VanEck’s first tokenized fund. With almost $120 billion AUM, VenEck is launching this groundbreaking financial product in partnership with Securitize. VBILL brings U.S. Treasury-backed assets on-chain, creating new opportunities for qualified investors seeking secure, transparent, and efficient access to traditional financial instruments.
What is VBILL?
The VanEck® Treasury Fund, Ltd. (“VBILL”) is a fully collateralized, blockchain-based alternative to traditional money market funds backed by U.S. Treasuries. The fund offers qualified investors several key advantages:
- 24/7 Liquidity: Unlike traditional financial markets with limited operating hours, VBILL enables around-the-clock access and transactions.
- Real-time Settlement: Transactions settle instantly on the blockchain, eliminating the delays common in traditional finance.
- Multi-chain Availability: Available on Avalanche, BNB Chain, Ethereum, and Solana blockchains.
- Cross-chain Interoperability: Seamless and secure token transfers between supported blockchains enabled by Wormhole.
- USDC Onramps: 24/7 issuance capabilities through USDC, positioning VBILL as a core building block for on-chain financial market participants.
RedStone’s Critical Oracle Role
As the designated oracle network for VBILL, RedStone provides essential infrastructure by delivering daily Net Asset Value (NAV) calculations. This crucial service ensures all investors have access to accurate, transparent pricing information, maintaining the integrity and reliability of the fund.
Our oracle technology bridges the gap between traditional financial data and blockchain networks, enabling VBILL to function efficiently across multiple blockchain ecosystems while maintaining consistent valuation standards.
Marcin Kazmierczak, Co-Founder of RedStone, said: “As the primary oracle partner for Securitize, we ensure a secure and timely delivery of data feeds for all their tokenized products, including BlackRock’s BUIDL, Apollo’s ACRED, BCAP fund and now VanEck’s VBILL. We are long-term believers in value from merging tokenized assets with DeFi protocols and will work as a reliable partner opening new use cases in that vertical.”
Transforming Traditional Finance Through Blockchain Technology
The launch of VBILL represents a significant milestone in the integration of traditional financial assets into blockchain ecosystems. By bringing U.S. Treasuries on-chain, VanEck, Securitize, and RedStone are collectively demonstrating how tokenization can enhance:
- Market Access: Expanding availability of traditional financial products to qualified digital asset investors
- Liquidity Options: Creating more efficient pathways for capital deployment and withdrawal
- Operational Efficiency: Reducing friction through automated, blockchain-based processes
- Transparency: Providing greater visibility into fund operations and valuations
Carlos Domingo, Co-Founder and CEO of Securitize, highlighted the importance of this collaboration: “This partnership 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.”
Investment Details
VBILL shares are issued and recorded on blockchain networks, offering investors greater transparency and faster settlement times compared to traditional fund structures. The fund is designed for institutional and qualified investors with minimum subscriptions starting at:
- $100,000 for investments on Avalanche, BNB Chain, and Solana
- $1,000,000 for investments on Ethereum
The fund is administered by Securitize Fund Services, with State Street Bank and Trust Company serving as the custodian of the fund’s assets. The VanEck® Treasury Fund, Ltd. is organized under the laws of the British Virgin Islands, with Van Eck Absolute Return Advisers Corporation serving as investment manager and Van Eck Securities Corporation as marketing agent.
Building the Future of Finance
At RedStone, we’re committed to developing robust oracle solutions that help bridge traditional finance and decentralized ecosystems. Our partnership with VanEck and Securitize on VBILL demonstrates the practical application of our technology in creating innovative financial products that combine the stability of traditional assets with the efficiency of blockchain technology.
This collaboration showcases how traditional financial institutions are increasingly embracing blockchain technology to enhance their offerings, with specialized infrastructure providers like RedStone playing a crucial role in enabling this transition.
For more information about VBILL and how to invest, please visit securitize.io/primary-market/vaneck-vbill.
About RedStone
RedStone is a leading blockchain oracle provider delivering fast, gas-efficient, and tamper-proof cross-chain data feeds to power DeFi protocols on any blockchain. RedStone offers the industry standard for secure pricing and quality support and is the market leader for emerging ecosystems and tokens.
