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VanEck has launched the multi-chain government bond fund VBILL, with cross-chain support provided by Wormhole.
PANews May 13 news, VanEck, with Assets Under Management of 120 billion USD, has launched its first tokenized treasury bond fund, VBILL, which is now live on Solana, AVAX, BNB Chain, and Ethereum. VBILL is tokenized through Securitize and provides cross-chain interoperability via Wormhole, supporting 24/7 Liquidity and real-time Settlement, aimed at providing institutional investors with on-chain alternatives based on US treasury yields.