New Way to Use Treasury Funds in Digital Money World

Aave's Horizon market, a key player in the decentralized finance (DeFi) space, is set for a significant upgrade. Securitize and VanEck are bringing their tokenized treasury fund, VBILL, to this platform. This move is made possible by Chainlink's NAVLink oracle technology, which bridges traditional finance with DeFi.

Rapid Growth and Institutional Standards

Since its launch in August, Horizon has become the fastest-growing platform for real-world assets (RWAs) in DeFi. It has already surpassed $460 million in total market size. The goal of Horizon is to meet strict institutional standards while maintaining the transparency and liquidity of onchain finance.

VBILL: A Tokenized Treasury Fund

VBILL, launched earlier this year by Securitize and VanEck, is the first tokenized fund from this asset manager. With VBILL now accepted as collateral, institutions can borrow stablecoins against their VBILL holdings. This integration uses Chainlink’s NAVLink and LlamaGuard NAV oracles to provide verified, risk-adjusted net asset value (NAV) data. This ensures that the pricing is tamper-resistant, according to the team.

Future Enhancements

Securitize also plans to add its Trusted Single Source Oracle (TSSO) system in the future. This will add another layer of verification for onchain fund valuation. The integration of VBILL with Aave and Chainlink expands access to trusted onchain collateral. It also demonstrates how regulated assets can now move smoothly through DeFi.