According to Crypto Rover, global asset manager VanEck, which oversees $120 billion in assets, has entered the tokenization sector by launching a U.S. Treasury Fund Token. This move positions VanEck among the first traditional finance giants to bring real-world assets like U.S. Treasuries onto public blockchains, signaling increased institutional adoption of blockchain-based securities (source: Crypto Rover, May 13, 2025). For traders, the announcement underscores growing confidence in blockchain infrastructure for asset management, likely fueling demand for tokenization-related cryptocurrencies and boosting sentiment in altcoins focused on real-world asset tokenization.