Hamilton Lane's tokenized feeder fund, HLSCOPE, has integrated with Vaneck's VBILL onchain facility to offer 24/7 RLUSD liquidity. This integration allows HLSCOPE to convert VBILL holdings into Ripple's RLUSD stablecoin, which is backed by U.S. Treasuries, providing regulated, real-time liquidity. The process utilizes Redstone's Trusted Single Source Oracle for onchain pricing and smart contracts to execute swaps into RLUSD, delivering the stablecoin to investor wallets almost instantly.
This development leverages a previously established RLUSD liquidity feature by Vaneck, Ripple, and Securitize, facilitating the connection between tokenized private credit and tokenized Treasury infrastructure. Investors benefit from exposure to institutional private markets with the flexibility to exit in RLUSD, while issuers can utilize existing regulated liquidity features without the need to develop new systems.
Hamilton Lane Feeder Fund Enhances Liquidity with Vaneck Integration
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