VanEck's Tokenized Fund Launches on Euler, Expanding DeFi's Institutional Reach

VanEck's tokenized Treasury fund, issued by Securitize, is now available on the DeFi lending platform Euler, enabling investors to use tokenized U.S. Treasuries as onchain collateral. This development marks a significant shift as DeFi protocols adapt to accommodate institutional and regulated assets, according to CoinDesk. The move is part of a broader trend where DeFi platforms, traditionally focused on permissionless crypto assets, are redesigning to support regulated products. Standard Chartered and others project the tokenized asset market could reach trillions of dollars in the coming years.