This Fund seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors' wallets as new tokens each day. The Fund primarily invests its total assets in cash, U.S. Treasury bills, and repurchase agreements, allowing investors to earn yield while holding the token on the blockchain. The Fund pursues its investment objective by investing only in cash, U.S. Treasury obligations, which include securities issued or guaranteed by the U.S. Treasury where the payment of principal and interest is backed by the full faith and credit of the U.S. government (“U.S. Treasury Obligations”), and repurchase agreements collateralized by U.S. Treasury Obligations and cash. The Fund will invest in securities with maturities of (or deemed maturities of) 397 days or less and will maintain a dollar-weighted average portfolio maturity of 60 days or less and a dollar-weighted average portfolio life of 120 days or less. The Fund may also invest in one or more other pooled investment vehicles managed by third-party investment managers or the Investment Manager or an affiliate thereof that invest in the same types of securities in which the Fund may invest directly (“Underlying Funds”). Underlying Funds may include investment companies registered under the U.S. Investment Company Act of 1940, as amended (the “Investment Company Act”). The Fund may also invest in or otherwise hold one or more stablecoins and similar yield-bearing digital asset instruments, including in connection with investors that subscribe for Shares (as defined below) in-kind with stablecoins and such instruments instead of U.S. dollars, including subscriptions executed through Atomic Swaps (as defined below), and in connection with processing redemption transactions. For the purposes of satisfying the Fund’s investment strategy of investing only in cash, U.S. Treasury Obligations and repurchase agreements collateralized by U.S. Treasury Obligations and cash, investments in Underlying Funds, stablecoins and similar yieldbearing digital asset instruments will be considered as if they are invested in cash and such securities. For the purposes of this Memorandum, the Fund’s investments are collectively referred to as “Investments”. While the Fund intends to invest in the manner described above, the Fund will also remain opportunistic and may pursue other investment opportunities. There can be no assurance that the Fund will achieve its investment objective; you could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per Share, it cannot guarantee it will do so. An investment in the Fund is not a bank account or a deposit of a bank and is not insured or guaranteed by the U.S. Federal Deposit Insurance Corporation or any other government agency. You should not expect that the Investment Manager or its affiliates will provide financial support to the Fund at any time, including during periods of market stress.

A Vaneck treasury fund wallet is a digital or physical tool that stores your public and private keys. These keys are needed to access and control your crypto assets. The wallet doesn't store the actual coins but lets you interact with the blockchain. It’s the gateway to sending, receiving, and safeguarding your Vaneck treasury fund.

Open your Vaneck treasury fund wallet and select “Send.” Paste or scan the recipient’s wallet address, enter the amount of VBILL, and confirm the transaction. Once confirmed, the recipient sees the funds in their wallet.

Go to the “Receive” section in your Vaneck treasury fund wallet. Copy your wallet address or use the QR code. Share it with the sender. After the transaction is broadcast and confirmed on the blockchain, your wallet shows the updated balance of VBILL.

It’s a unique string of letters and numbers linked to your wallet’s public key. Others use this address to send you VBILL. Think of it like your crypto account number; it tells the network where to send the funds, but it doesn’t give access to your private key.

To securely store your Vaneck treasury fund, consider using a hardware wallet like Cypherock X1. It splits your private key into five cryptographic parts across secure components, ensuring your funds stay safe even if you lose one, two, or even three parts.

Yes, modern hardware wallets like Cypherock X1 support thousands of coins and tokens, including Vaneck treasury fund. You can manage your entire crypto portfolio across multiple wallets and blockchains seamlessly.

With Cypherock X1, your private key is split into five secure parts. As long as you have two parts of the hardware components (an X1 Card or the X1 Vault), you can recover your Vaneck treasury fund even if the other three parts are lost.

Look for tamper-proof smartcards, EAL6+ certification, offline verification, and decentralized key storage. Cypherock X1 offers all of these, ensuring bank-grade security for your Vaneck treasury fund.