VanEck announces the upcoming launch of the VanEck PurposeBuilt Fund

#VanEck will launch VanEck PurposeBuilt Fund, a private digital assets fund focused on investing in businesses building on #Avalanche and issuing tokens aimed at delivering long-term value and utility. The Fund will invest in liquid tokens and venture-backed projects, mainly after TGE, across gaming, finance, payments, and #AI , using a fundamentals-first, long-term strategy.

Idle capital will be deployed onchain via Avalanche-native #RWA products like tokenized money market funds to maintain liquidity and support the onchain economy. The Fund is anticipated to launch in June 2025.

👉 globenewswire.com/news-release/2025/05/21/3085546/0/en/VanEck-Prepares-to-Launch-PurposeBuilt-Fund-to-Invest-in-Real-World-Applications-on-Avalanche