$4B in Tokenized Assets Enter Aave via Chainlink NAVLink

3 mins mins

Key Insights:

VBILL brings tokenized U.S. Treasuries into DeFi, enabling stablecoin loans on Aave Horizon.
Chainlink NAVLink powers secure, real-time NAV pricing for tokenized funds across the Horizon market.
Aave Horizon surpasses $500M in deposits, growing as the largest RWA lending market in DeFi.

*$4B in Tokenized Assets Enter Aave via Chainlink NAVLink*

Securitize, a regulated platform for digital securities, has linked $4 billion in tokenized funds to Aave Horizon, a lending market built on Aave Protocol v3.3. The move allows tokenized securities to be used as collateral for borrowing stablecoins in a fully onchain environment.

The first tokenized fund enabled through this connection is VBILL, a short-term U.S. Treasury fund issued by global asset manager VanEck. VBILL is now accepted as collateral in Horizon, supported by Chainlink’s NAVLink data standard.

Chainlink NAVLink Provides Onchain Fund Pricing

NAVLink, developed by Chainlink, delivers real-time net asset value (NAV) data to DeFi protocols. This allows platforms like Aave Horizon to price tokenized assets based on verified fund values. LlamaGuard NAV adds an extra layer of data review for collateral risk checks.

Securitize CEO Carlos Domingo said,

“Integrating VanEck’s VBILL with Aave and Chainlink expands access to one of the most trusted forms of onchain collateral.”

VanEck’s Kyle DaCruz said,

“Institutional investors can now use tokenized Treasuries while accessing the efficiency of DeFi.”

NAVLink keeps fund pricing consistent across the platform. Future updates will include Securitize’s Trusted Single Source Oracle (TSSO) to support onchain verification.

Aave Horizon Crosses $500M in Deposits

Launched in late August 2025, Aave Horizon has passed $500 million in total deposits. The platform focuses on real-world assets (RWAs) and supports only qualified users. Built with institutional-grade compliance tools, Horizon is designed to offer regulated asset lending backed by decentralized liquidity.

Each collateral token is tracked through Securitize’s transfer agent system. This structure ensures every transaction remains visible, verified, and recorded within a regulated framework.

VBILL Offers Regulated Exposure to U.S. Treasuries

VBILL is a tokenized fund that holds short-term U.S. Treasury instruments. The fund aims to maintain a stable $1.00 NAV and is only available to qualified purchasers. It is not registered under the Investment Company Act of 1940.

According to Jorge Serna, Securitize’s Chief Product Officer, “For the first time, RWAs can be used natively as collateral inside a major DeFi protocol: no wrappers, no workarounds.” The fund can now be used directly within Aave, giving institutions access to U.S. Treasury-backed liquidity through a decentralized platform.

The integration allows VBILL holders to unlock stablecoin liquidity without leaving the blockchain, opening new use cases for regulated financial assets within DeFi systems.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.