VanEck Treasury Fund

VBILL Price

About VanEck Treasury Fund (VBILL)

VanEck Treasury Fund is a tokenized investment vehicle designed to provide investors with a stable digital representation of the U.S. Dollar backed by short-term government debt.

• The fund seeks to maintain a stable value of $1.00 per token through a portfolio of high-quality, short-term U.S. Treasury obligations and cash.
• Accrued dividends are distributed daily directly to investor wallets in the form of new tokens, providing a native yield mechanism.
• The token is available across multiple blockchain networks, including Ethereum, Solana, Avalanche, and BNB Chain.

What Is VanEck Treasury Fund

VanEck Treasury Fund is a digital asset that bridges traditional finance and blockchain technology by tokenizing shares in a fund primarily invested in U.S. Treasury bills and repurchase agreements. The project aims to offer the safety and yield of government-backed securities within a decentralized environment, allowing users to move value between traditional and digital markets with minimal friction.

Value moves through the system as investors subscribe to the fund using U.S. Dollars or supported stablecoins, which are then deployed into short-term debt instruments. The token is "put to work" by serving as a yield-bearing store of value; as the underlying portfolio earns interest, the fund issues additional tokens to holders proportional to their balance. This mechanism scales as the ecosystem grows, with the fund's liquidity and minting capacity expanding alongside the total assets under management.

What Makes VanEck Treasury Fund Unique

• Institutional Backing: Unlike many decentralized protocols, VBILL is managed by VanEck, a global investment firm with over 70 years of experience and significant assets under management.
• Daily Dividend Distribution: The fund employs a rebasing-style mechanism where accrued yield is paid out daily as new tokens, ensuring the $1.00 peg remains constant while balance increases.
• Multi-Chain Accessibility: By launching on several major blockchains, the fund provides diversified access for users across different DeFi ecosystems.
• Short-Term Focus: The portfolio maintains a dollar-weighted average maturity of 60 days or less, prioritizing liquidity and capital preservation over higher-risk long-term debt.

What Can You Use VanEck Treasury Fund for?

VanEck Treasury Fund is pegged to the US Dollar and serves as a tokenized representation of traditional financial instruments. Its primary use cases include:

1. Value retention: The asset allows users to hold a digital representation of the US Dollar on-chain, potentially reducing exposure to the high volatility characteristic of broader cryptocurrency markets.
2. Yield generation: Investors can earn yield derived from U.S. Treasury Obligations, which is distributed daily as new tokens. The source material specifies that yield is generated from interest-bearing government securities and repurchase agreements collateralized by U.S. Treasury debt.
3. Cross-border settlement / value transfer: VBILL enables the international transfer of US Dollar value via blockchain networks, facilitating global trade and remittances with the speed and transparency of distributed ledger technology.
4. Collateralization: The tokens can be utilized as backing for borrowing and lending protocols or as margin for derivatives, providing a high-quality Real World Assets (RWA) collateral option within the decentralized finance sector.

How Does VanEck Treasury Fund Work?

VanEck Treasury Fund operates through a regulated issuance model where each token represents a share in the underlying fund. The technical mechanism involves minting tokens upon the receipt of capital—which can be executed through Atomic Swaps for certain digital asset subscriptions—and burning them upon redemption to ensure the total supply matches the fund's assets. The portfolio is managed to maintain a dollar-weighted average life of 120 days or less, ensuring that the fund can meet redemption requests efficiently.

As an application utility token, VBILL carries protocol service fees associated with the management and administration of the fund. These fees are typically accounted for in the net yield distributed to token holders. Transactions involving the movement of VBILL on various blockchains require the payment of native network fees, which are separate from the fund's internal service costs.

Team Info and Investors

The fund is managed by VanEck, a prominent investment management firm founded in 1955. VanEck is known for its history of providing access to innovative asset classes, including gold, emerging markets, and exchange-traded funds (ETFs). The tokenization infrastructure is powered by Securitize, a leader in the digital securities space. While specific early-stage venture investors for this specific fund are not detailed in the source, the project benefits from the institutional reputation and regulatory compliance framework of its parent company.

Where can you buy VanEck Treasury Fund?

VBILL tokens have stopped trading - ago on all exchanges listed on CoinGecko. Information will be updated if market activity resumes.

What is the daily trading volume of VanEck Treasury Fund (VBILL)?

The 24 hour trading volume of VanEck Treasury Fund (VBILL) is $0 which signals a drop in market activity. If you own VBILL tokens, liquidity of the token is likely to be low. Proceed with caution. You may explore CoinGecko’s list of most traded cryptos for coins with higher liquidity.

What is the highest and lowest price for VanEck Treasury Fund (VBILL)?

VanEck Treasury Fund (VBILL) reached an all-time high of $1.00 and an all-time low of $1.00. It’s now trading 0.00% below that peak and 0.00% above its lowest price.

What is the market cap of VanEck Treasury Fund (VBILL)?

Market capitalization of VanEck Treasury Fund (VBILL) is $191,970,241 and is ranked #171 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of VBILL tokens (190 Million tokens are tradable on the market today).

What is the fully diluted valuation of VanEck Treasury Fund (VBILL)?

The fully diluted valuation (FDV) of VanEck Treasury Fund (VBILL) is $191,970,241. This is a statistical representation of the maximum market cap, assuming total number of 190 Million ETH tokens are in circulation today.

How does the price performance of VanEck Treasury Fund compare against its peers?

With a price increase of 0.00% in the last 7 days, VanEck Treasury Fund (VBILL) is outperforming the global cryptocurrency market which is down -0.50%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add VanEck Treasury Fund (VBILL) to MetaMask?

Adding VanEck Treasury Fund (VBILL) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import VBILL as a token. You can copy VBILL’s contract address (0x2255718832bc9fd3be1caf75084f4803da14ff01) and import it manually, or if you've installed MetaMask's chrome extension, add VBILL to MetaMask with one click on CoinGecko.

Add VBILL to MetaMask.