Treasury & money marketActive

VanEck Treasury Fund

Value (USD)$55.96M2026-09-30

Wallet holders252026-09-30

Minimum investmentUSD 100,000 on Avalanche, BNB Chain and Solana; USD 1,000,000 on Ethereum

Yield—Unverified

Overview

VBILL is the tokenized share class of VanEck Treasury Fund, Ltd., a British Virgin Islands fund investing in short-dated US Treasuries, issued through Securitize on four blockchains. The token is priced at a stable USD 1.00 NAV, with daily NAV data supplied by RedStone oracles. It is sold to institutional and qualified investors under a US private-placement exemption.

Short-term US Treasury securities (and cash)

Product structure

Lowest eligible investor type: Professional or accredited

US persons: Accepts US persons

Investor eligibility: Non-US institutional and professional investors; US qualified institutional buyers (per rwa.xyz)

Classification of public offering terms, not a determination of your eligibility. Check the offering documents.

Legal wrapper: British Virgin Islands investment fund
Domicile: British Virgin Islands
Regulatory status: Offered under US Securities Act Reg D exemption (per rwa.xyz); placement agent Securitize Markets, LLC
Asset segregation: Assets held in a separate BVI fund vehicle with an independent bank custodian (State Street); further segregation detail not publicly located
Custodian: State Street Bank and Trust Company
Fund administrator: Securitize Fund Services
Auditor: Unverified
Transfer agent: Securitize
Tokenization agent: Securitize
Proof of reserve: RedStone oracle NAV feed (not a reserve attestation)

Redemption & liquidity

Redemption terms: Daily redemptions directly with the fund; rwa.xyz lists instant settlement, and launch materials describe 24/7 issuance via USDC on-ramps and atomic liquidity through Agora's AUSD stablecoin
Secondary liquidity: Transfers to whitelisted wallets; third-party smart-contract swap liquidity; used as collateral in Aave Horizon RWA market on Ethereum
Yield mechanism: Stable USD 1.00 NAV with yield distributed as income (exact distribution mechanics not verified)

Fees

Management fee 0.20% p.a.; 0% subscription and redemption fees (per rwa.xyz)

On-chain information

EthereumBNB ChainSolanaAvalanche

Token standard: ERC-20 (EVM chains); SPL (Solana)
Transfer restrictions: Permissioned; KYC required for minting and redeeming; cross-chain transfers via Wormhole

Contract addresses: unverified

Notes & material events

rwa.xyz lists inception as 2025-05-12 and 7-day APY 3.61% (2026-09-30). DefiLlama shows USD 57.05M active AUM and 3.72% native yield (snapshot around same date), with USD 6.25M deposited in Aave Horizon. No dedicated public VanEck product page found (vaneck.com URLs tried returned generic pages or 404).

Revision history

No published revisions.

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