VanEck Unveils PurposeBuilt Fund to Back Avalanche’s $50B Real-World Crypto Ecosystem

Key Takeaways:


  • VanEck is launching the PurposeBuilt Fund, targeting real-world crypto applications built on Avalanche.

  • The fund focuses on post-token launch investments in sectors like gaming, finance, AI, and tokenized RWAs.

  • PurposeBuilt reinforces Avalanche’s role as a hub for enterprise-grade blockchain adoption.

  • VanEck, a leading U.S. asset manager with over $116 billion in AUM, is doubling down on the crypto economy by launching the PurposeBuilt Fund—a dedicated investment vehicle aimed at supporting real-world applications within the Avalanche blockchain ecosystem. This strategic move marks a significant institutional endorsement of Avalanche’s long-term utility and relevance in driving on-chain GDP.



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