Foresight News reports that VanEck plans to launch a PurposeBuilt fund focused on Avalanche next month. This fund will invest in projects built on Avalanche, which may include various fields such as gaming, financial services, payments, and artificial intelligence, and will be managed by VanEck's digital asset Alpha fund. VanEck currently does not intend to launch any funds for other ecosystems, and the team has not yet confirmed the fund size.

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