VanEck Launches Avalanche Fund: Could AVAX See a Surge in Value?

Van Eck has introduced a new fund dedicated to the growth of Web3 projects on the Avalanche blockchain. Focusing on ventures within sectors like gaming, finance, payments, and AI, the fund will prioritize projects based on Avalanche’s technological capabilities. Recent developments by firms like Solv Protocol, which launched a Bitcoin token tied to its protocol, and Avalanche’s introduction of subnets, demonstrate increasing institutional interest in the Avalanche ecosystem.