BVNDReal-World Asset

VanEck Tokenized Treasury

Value of backing: $22.5M
0D change: -
Yield · 30-day trailing APY: 6.35%
NAV: 1.0000
Expense ratio: 0.10%
Minimum: $1.0K
Redemption: Daily
Launched: 01 Jan 2023

Field coverage 96%Primary-source or on-chain verified 0% of tracked metrics0/1 source documents analyst-verifiedLast reconciled 08 Oct 2026

Overview

What this product is

Tokenized representation of VanEck Tokenized Treasury.

Underlying asset: Underlying Asset Pool
Asset class: Tokenized Treasury
Product structure: Security Token
Legal structure: US Reg D / 3(c)(7) Fund
Issuer jurisdiction: United States
Fund domicile: US
Base currency: USD
Launched: 01 Jan 2023

Peer set

Comparable products

Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.


BUIDL	4.16%	0.50%	$5.0M	$1.81B
USDY	4.25%	0.50%	$500	$1.42B
USTB	4.11%	0.15%	$100.0K	$598.2M
JTRSY	4.18%	0.35%	$100.0K	$323.3M
OUSG	4.04%	0.15%	$100.0K	$321.5M
USDM	5.00%	0.30%	$0	$150.0M
TBILL	5.10%	0.20%	$1.0K	$110.0M

Issuer

Who runs it

VanEckNew York, United States

Mid-sized manager with long-standing digital asset conviction; entered tokenized treasuries late but with immediate multi-chain distribution through a third-party transfer agent.

Portfolio

Composition

US Treasury Bills99.0%
USD Cash1.0%

Weighted average maturity

30 days