VBILL (VanEck® Treasury Fund, Ltd.)
⛏ Coming soon
Strategic Benefits for Solium
✅ Global Access – VBILL’s offshore structure supports non-U.S. token holders ✅ Multichain Deployment – Works across Ethereum, Solana, Avalanche, BNB ✅ Modular Yield – Pairs with AUSD to offer stablecoin-based payouts ✅ Brand Strength – VanEck is a leading ETF manager with real RWA credibility
What is VBILL?
VBILL is a tokenized U.S. Treasury fund created by VanEck, a global ETF and asset management firm. Designed to offer regulated, multichain access to short-term government securities, VBILL is issued by VanEck’s Cayman-based digital asset arm and backed 1:1 by T-bills, cash, and repo agreements.
Key Features of VBILL
Issuer
VanEck Digital Assets (Cayman)
Fund Type
Tokenized Treasury Fund
Primary Assets
U.S. Treasury bills, repos, cash
Target Yield
Market-based — estimated ~4.8–5.2% APY
Blockchain
Ethereum, Solana, Avalanche, BNB Chain
Token Bridge
Wormhole interoperability
Stablecoin Utility
Redeemable into AUSD (Yield-bearing stablecoin)
Liquidity
Daily (via custodial channels)
Custodian
Bank of New York Mellon
Transfer Restrictions
Whitelisted wallets (for now)
Regulatory Framework
Offshore exempt offering (non-U.S. retail not restricted)
How VBILL Works
Qualified investors subscribe to VBILL through a partner platform (or Solium in the near future).
Their funds are invested into short-duration T-bills and repo instruments.
A corresponding VBILL token is issued 1:1, representing a claim on the underlying assets.
Holders receive on-chain yield via VBILL’s integration with AUSD, VanEck’s programmable stablecoin.
Tokens are natively multichain and transferable across ecosystems via Wormhole bridges.
Yield and Stability
VBILL aims to offer safe, passive income from U.S. government debt — tokenized.
Like BUIDL and BENJI, VBILL maintains a $1 NAV target.
Yield is returned to holders via stablecoins (AUSD) or reinvested.
Why Multichain Matters
VBILL is the first tokenized treasury fund to launch:
Natively on four major chains at once
With live interoperability via Wormhole
Offering DeFi-friendly yield potential across multiple ecosystems
Ideal Use Cases
DAO treasury yield farming (multichain exposure)
Institutional-grade short-term savings vaults
Tokenized treasuries for neobanks and stablecoin issuers
Cross-chain RWA liquidity layer for protocols
Who Can Access It (for now)
Institutional and accredited investors
Offshore qualified users
Expected: Retail wrappers via platforms like Solium (coming 2025)
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