VanEck Throws Hat in Tokenization Ring With U.S. Treasury Fund Token—Wall Street Plays Catch-Up Again
Asset management giant VanEck just fired the latest shot in the race to tokenize everything—this time targeting the ’safest’ asset class of all. Their new U.S. Treasury fund token promises to drag government debt kicking and screaming onto the blockchain.
Why it matters: When traditional finance starts wrapping legacy products in crypto packaging, you know the rails are being rebuilt. Even if they’re just digitizing the same old bonds—with the same old fees, naturally.
The bottom line: Tokenization isn’t the future anymore. It’s the present. And the suits are finally realizing they either adapt or get left behind. (But let’s be real—they’ll take their sweet time and charge you 2% for the privilege.)