VanEck is set to launch the PurposeBuilt Fund in June, a private digital assets fund focused on tokenized Web3 projects built on the Avalanche blockchain. Available only to accredited investors, the fund will invest in liquid tokens and venture-backed projects in sectors like gaming, financial services, payments, and AI. Idle capital will be allocated to Avalanche’s real-world asset (RWA) products. This move marks a strategic shift from speculative hype to real-world utility in the crypto ecosystem.