4 Blockchains, 1 Treasury Fund: How VanEck and Securitize Are Tokenizing Everything!

Ah, Monsieur Investor, attend! Permit me to regale you with a tale: Securitize, proud peacock with $4 billion roosting under its management, finds in VanEck a kindred spirit for high-financial farce! Behold—a marriage of minds so lofty, even the blockchains blush.

Now, with trumpets, fanfare and a suspiciously modern whiff of Ethereum, they unveil the VanEck Treasury Fund. Or, for those who adore brevity (and acronyms that sound like kitchen utensils), simply call it VBILL!

“VBILL, darling,” they croon, “is not content to chain itself to a single blockchain. No! It cavorts on Avalanche, hums on BNB Chain, prances on Ethereum, and attempts to dance salsa on Solana.” Truly, a four-chain masquerade—what could possibly go wrong? 🤔

Monsieur Carlos Domingo, purported Co-Founder and CEO of Securitize, appears in a puff of digital smoke and declares:


“We are proud to continue enhancing how investors access tokenized securities.
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.”

If you understood all that without consulting a blockchain dictionary, you are either a genius or you’ve fallen asleep with your eyes open. Either way, encore!

Of course, the magic does not finish with a puff and a poof. VBILL is endowed with administration, a transfer agency (fancy!), and the ever-mysterious broker-dealer service—truly, a buffet of blockchain bureaucracy. 🥳

Master Kyle DaCruz, grandly titled Director of Digital Assets at VanEck, steps forth and proclaims:


“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. Tokenized funds like VBILL are enhancing market liquidity and efficiency, underscoring our commitment to providing value to our investors.”

In other words: Papers, please!—but now on the blockchain, with slightly more confusion and slightly fewer coffee stains.

And for our grand finale, the SEC itself stumbles onto the scene—last month, no less—waving its magic scroll: “Approved!” it bellows. VanEck’s shiny new “Onchain Economy exchange-traded fund (ETF)” can now take center stage.

So, gentle reader, pour yourself a goblet of Bordeaux and ponder: when trust, transparency, and digital ledgers walk into a bar, who picks up the tab? 🍷

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2025-05-14 01:19