Tokenization platform Securitize has teamed up with VanEck to bring the asset manager’s VBILL tokenized U.S. Treasury fund to Aave’s new real-world assets (RWA) platform, Horizon, expanding institutional access to onchain Treasuries.
VBILL, which represents tokenized short-term Treasury bills, will now be available as a collateral asset on Horizon, allowing qualified institutional investors to borrow stablecoins against their holdings. The integration is powered by Chainlink’s NAV pricing data and runs on Aave’s v3.3 infrastructure, combining institutional compliance with DeFi liquidity.
“This partnership brings together Securitize’s high-quality tokenized assets, Chainlink’s industry-leading NAV pricing data, and Aave’s deep liquidity within Horizon,” said Stani Kulechov, founder of Aave Labs.
Institutional Access and DeFi Integration
According to VanEck, the move marks a “natural evolution” for tokenized securities, enabling institutional investors to enjoy both the safety and transparency of U.S. Treasuries and the efficiency and composability of decentralized finance.
“Institutional investors can now leverage the safety of tokenized Treasuries while accessing DeFi efficiency — a powerful combination that shows how far the market has come,” said Kyle DaCruz, Director of Digital Assets Product at VanEck.
Expanding the Tokenized RWA Ecosystem
Horizon launched on August 27, 2025, and has since surpassed $500 million in onchain markets. The VBILL listing strengthens Aave’s push to bridge traditional finance with onchain liquidity through hybrid compliance frameworks.
The broader real-world asset (RWA) sector continues to grow rapidly, with over $35 billion in tokenized assets now live on public blockchains. Analysts expect the figure to climb sharply as Treasuries, private credit, and alternative funds accelerate tokenization.
The collaboration underscores a broader industry trend — bringing regulated, yield-bearing traditional instruments fully onchain while giving institutions the tools to interact with decentralized liquidity in a compliant environment.
