VanEck has launched the on-chain short-term U.S. Treasury fund VBILL, with a minimum investment threshold of 100,000 USD.

According to Wu, VanEck announced the launch of the VanEck Treasury Fund (VBILL), offering on-chain short-term U.S. Treasury investment products based on the Avalanche, BNB Chain, Ethereum, and Solana networks. The minimum investment threshold is $100,000 on most blockchains, and $1,000,000 on Ethereum. Pricing is updated daily via RedStone Oracle, and the assets are custodied by State Street.

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