VanEck to Launch Digital Asset Fund VanEck PurposeBuilt Fund
2025-06-17 03:45:16
Asset management firm VanEck announced plans to launch a private digital asset fund this month called the VanEck PurposeBuilt Fund, which is expected to be managed by VanEck's Digital Asset Alpha Coefficient Fund (DAAF) team and will focus on the Avalanche blockchain ecosystem, investing in tokenized Web3 projects in industries such as gaming, financial services, payments, and artificial intelligence, as well as investing in projects with long-term token utility during the Token Generation Event (TGE) phase.
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