Crypto

Securitize, VanEck Bring VBILL Tokenized Treasury Fund To Aave

Aave’s Horizon market, the DeFi protocol’s institutional-grade platform for real-world assets (RWAs), is getting a major boost as Securitize and VanEck bring their tokenized treasury fund, VBILL, to the platform.

The integration, powered by Chainlink’s NAVLink oracle technology, represents another leap forward in bridging traditional finance and decentralized finance (DeFi) together.

Since launching in August, Horizon has quickly grown into the fastest-expanding venue for RWAs in DeFi, surpassing $460 million in total market size, according to a press release shared with CoinDesk. The platform’s aim is to meet institutional compliance standards while maintaining the transparency and liquidity of onchain finance.

VBILL, launched earlier this year by Securitize and VanEck, is the asset manager’s first tokenized fund.

Now, with VBILL added as eligible collateral, institutions can borrow stablecoins against their VBILL holdings. The integration into Aave Horizon is underpinned by Chainlink’s NAVLink and LlamaGuard NAV oracles, which provide verified, risk-adjusted net asset value (NAV) data to ensure tamper-resistant pricing, the team claims.

Securitize also plans to integrate its Trusted Single Source Oracle (TSSO) system in the future, adding another layer of verification for onchain fund valuation.

“Integrating VanEck’s VBILL with Aave and Chainlink expands access to one of the most trusted forms of onchain collateral and demonstrates how regulated assets can now move fluidly through DeFi,” said Carlos Domingo, the CEO of Securitize, in the press release.

Read more: Securitize, RedStone Pilot ‘Trusted Single Source Oracle’ to Secure Tokenized Fund NAVs

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