Asset Manager VanEck Unveils New Fund Targeting Avalanche $AVAX Ecosystem

VanEck is launching the PurposeBuilt Fund next month to invest exclusively in the Avalanche ecosystem, targeting liquid tokens and VC-backed projects across sectors like gaming, AI, and financial services. Managed by its Digital Assets Alpha Fund, the strategy focuses on fundamentals and long-term outcomes. VanEck cited Avalanche’s flexible architecture and strong builder community as key reasons for the move. Unused capital will be deployed into Avalanche-based real-world asset products to maintain liquidity.

Source: Blockworks