AAVE’s Horizon market, the institutional-grade Defi Protocol platform for Real-World Assets (RWAS), is getting a major boost as Securitize and Vaneck Bring their tokenized Treasury fund, VBill, to the platform.
The integration, powered by Chainlink’s Navlink Oracle technology, represents another leap forward in bridging traditional finance and decentralized finance (Defi) together.
Since its launch in August, Horizon has rapidly grown into the fastest growing area for RWAS in Defi, surpassing $460 million in total market size, according to a press release shared with Coindesk. The purpose of the platform is to meet institutional compliance standards while maintaining the transparency and liquidity of onchain finances.
Vbill, launched Earlier this year Through Securitize and Vaneck, is the first asset manager fund.
Now, with VBill added as eligible collateral, institutions can borrow StableCoins against their VBill Holdings. Integration with AAVE Horizon is supported by ChainLink’s Navlink and Llamaguard Nav Oracles, which provide verified, adjusted net asset value (NAV) data to ensure tamper-resistant pricing, the team claims.
Securitize ITS is also planned to be integrated Oracle’s trusted single source (TSSO) in the future, adding another layer of verification for Onchain fund appreciation.
“The integration of Vaneck’s VBill with AAVE and ChainLink expands access to one of the most trusted forms of Onchain collateral and shows how regulated assets can now move fluidly through Defi,” said Carlos Domingo, the CEO of Securitize, in the press release.
Read more: Securitize, Redstone Pilot ‘Trusted Single Source Oracle’ to Secure Tokenized Fund Navs
