Aave’s Horizon Market, the DeFi protocol’s institutional-grade platform for real-world assets (RWA), is getting a big 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 step forward in bringing together traditional finance and decentralized finance (DeFi).
Since launching in August, Horizon has quickly become the fastest-expanding venue for RWA in DeFi, surpassing $460 million in total market size, according to a press release shared with CoinDesk. The goal of the platform is to meet institutional compliance standards while maintaining the transparency and liquidity of on-chain finance.
VBILL, launched earlier this year by Securitize and VanEck, is the asset manager’s first tokenized fund.
Now, with VBILL added as eligible collateral, institutions can borrow stablecoins against their VBILL holdings. The integration into Aave Horizon is supported by Chainlink’s NAVLink and LlamaGuard NAV oracles, which provide verified, risk-adjusted net asset value (NAV) data to ensure tamper-resistant pricing, the team says.
Securitize also plans to integrate its Trusted Single Source Oracle (TSSO) system in the future, adding another layer of verification for on-chain fund valuation.
“VanEck’s VBILL integration with Aave and Chainlink expands access to one of the most trusted forms of on-chain collateral and demonstrates how regulated assets can now move fluidly across DeFi,” Carlos Domingo, CEO of Securitize, said in the press release.
Read more: Securitize and RedStone pilot ‘Single Trusted Source Oracle’ to secure NAVs of tokenized funds
