Global asset management giant VanEck announced the launch of its first "Physical Asset Tokenization (RWA)" fund VBILL, targeting U.S. Treasury bonds, and supporting the four major mainstream blockchains, officially joining the ranks of Financial Institutions venturing into on-chain assets, symbolizing the deep integration of TradFi and Blockchain, and further indicating that a new wave of asset tokenization is rapidly unfolding.
( From JPMorgan to Ethereum: How on-chain "controllable privacy" is changing the Blockchain and Financial game rules? )
VanEck launches the first tokenized US Treasury fund VBILL
VanEck announced yesterday that it has partnered with the financial tokenization platform Securitize to launch an RWA fund called "VBILL", providing an on-chain investment channel for U.S. treasury bonds, with Wormhole serving as the cross-chain technology support.
Fund Threshold
VBILL will be deployed first on

The article introduces RISC-V as a modern open-source instruction set architecture that is seen as the best solution to address the scalability limitations of blockchain. Ethereum plans to adopt RISC-V to replace EVM in order to improve the efficiency and speed of the execution layer. However, this proposal has sparked controversy over the technical difficulties and performance implications. Despite the many advantages of RISC-V, such as improving the performance of smart contracts and dropping Gas fees, its implementation still faces challenges and requires further discussion.

South Korea's Democratic Party centralizes crypto policy under the president with a new Digital Asset Committee. Discussions focus on stablecoins and regulatory reform to modernize crypto laws due to increased public interest.

Multisynq joins Chainlink Build to enhance access to Chainlink support for its DePIN synchronization protocol. Chainlink Network (LINK) provides secure data inputs for smart contracts and has seen a 6% increase, trading at $17.32.

Source: Chen Haolian

As the Chief Executive leads a delegation to the Middle East, the Deputy Secretary for Financial Services and the Treasury, Chan Ho-lam, leads a delegation of more than thirty people from financial technology and investment companies, along with the Invest Hong Kong and Cyberport, to Dubai, UAE, to attend the local annual financial technology event - the Dubai FinTech Summit.

This visit continues the memorandum of understanding signed by Deputy Director Chen in 2023 on behalf of the Treasury Bureau with the Dubai Department of Economy and Tourism, marking a new phase in the cooperation between Hong Kong and Dubai in the development of the fintech ecosystem. Both sides agreed to send representatives to participate in Hong Kong Fintech Week and the Dubai Fintech Summit, leveraging the unique advantages of the two markets to promote more vibrant fintech development. Since the signing of the memorandum of understanding, exchanges between the two places in the fintech field have become increasingly frequent and have already yielded tangible results, facilitating multiple Hong Kong enterprises.