Hassan Maishera
On Tuesday, the Wormhole team announced via a blog post that Securitize has chosen Wormhole as the official interoperability partner for the newly launched VanEck Treasury Fund, Ltd. (“VBILL”).
As the interoperability provider, Wormhole will power VBILL’s multichain accessibility across the Avalanche, BNB Chain, Ethereum, and Solana blockchains, as well as any additional chains added in the future. Wormhole will enable secure, near-instant transfers of VBILL tokens between supported chains, ensuring maximum asset mobility, improved liquidity, and efficient access to blockchain-based capital markets.
Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.1137, up 14.5% in the last 24 hours.
