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Matthew Sigel: VBILL expands to ETH for RLUSD minting
Matthew Sigel announces that VBILL, a fund with assets under management totaling $74 million, is expanding its capabilities to support the minting and redeeming of RLUSD, starting on the Ethereum network.
This expansion comes as part of an ongoing effort to incorporate more networks, with current support including Ethereum (ETH), Solana (SOL), Avalanche (AVAX), and Binance Smart Chain (BNB). Sigel hints at further expansions in the future. Playing a pivotal role in the crypto landscape, this move is expected to enhance the platform's utility and access.
VBILL's broadening network footprint reflects a trend seen across Sigel's reporting, including the recent coverage of IBKR and TLN’s integration into major S&P indices, underscoring the dynamic on-chain developments shaping digital finance. Similarly, the impact of regional investment patterns, as observed when Singapore investors propelled $NODE to record daily volumes, continues to illustrate the significant influence of cross-border participants in advancing crypto innovation.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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