Aave’s Horizon RWA Market Nears $540 Million, Adds VanEck Treasury Fund
The post Aave’s Horizon RWA Market Nears $540 Million, Adds VanEck Treasury Fund appeared on BitcoinEthereumNews.com.
The move comes as institutional interest in tokenized assets continues to grow. Aave’s Horizon real-world asset (RWA) market recently surpassed $500 million in total market size around three months after launching. According to data from Aave, Horizon currently holds $539.8 million in total assets, with $163.5 million borrowed and $94.5 million available for lending. The market is built on Aave v3.3 – Aave is currently the largest decentralized finance (DeFi) protocol with more than $39 billion in total value locked (TVL). Horizon’s largest positions include the Superstate Crypto Carry Fund (USCC) with $238 million supplied, RLUSD with $164 million supplied and $89 million borrowed, and Aave’s native GHO stablecoin with $69 million supplied. Other tokenized assets include U.S. Treasuries from Janus Henderson and Superstate. While Horizon’s RWA product is on Aave V3, once Aave V4 becomes available, Horizon will move to a custom deployment, The Defiant reported earlier this year. During this first year, 50% of Horizon’s revenue will be allocated to the Aave DAO, dropping to 30% in the second year. Horizon’s rapid growth reflects the rising demand for tokenization, which experts say boosts liquidity and lowers costs. Total on-chain real-world asset (RWA) value has surged to $35.8 billion in 2025, up sharply from $13 billion in November 2024. VBILL Gets Added Building on that momentum, Securitize and VanEck announced on Thursday that the VanEck Treasury Fund (VBILL) is now listed on Aave Horizon as an eligible collateral asset. VBILL currently has an on-chain total asset value of over $93 million. The integration utilizes Chainlink’s NAVLink oracle for verified net asset value (NAV) data, according to an official blog post by the teams. Securitize’s Trusted Single Source Oracle (TSSO) technology will also be integrated in the future. “VBILL’s integration into Aave Horizon represents a natural evolution for tokenized securities,”…
Filed under: News - @ November 6, 2025 8:31 pm