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VanEck's tokenized fund lands on Euler as DeFi courts Wall Street institutions

CoinDesk
VanEck's tokenized Treasury fund is now live on the Euler lending platform, marking a key milestone in DeFi's integration with institutional finance.

Summary

VanEck's tokenized VBILL Treasury fund has integrated with the Euler lending platform, allowing investors to use tokenized U.S. Treasuries as onchain collateral. This development highlights the growing trend of DeFi protocols adapting their permissionless architecture to support regulated, institutional-grade assets. As the tokenized asset market experiences significant growth, platforms like Euler and Aave are retooling to meet the compliance and security requirements demanded by traditional financial institutions.

(Source:CoinDesk)