VanEck to Launch Avalanche-Focused Fund in June 2025

Asset management firm Van Eck will launch its PurposeBuilt fund focused on the Avalanche ecosystem, targeting sectors like gaming, finance, and AI, by June 10th, 2025. The fund leverages the Avalanche platform’s comprehensive technology stack to facilitate project development and deployment for innovative solutions. VanEck’s strategic move underscores its commitment to investing in crypto infrastructure growth, particularly the scalability of decentralized applications on the Avalanche blockchain.