VanEck Treasury Fund

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.