Investment Firm VanEck Announces Specialized Fund Supporting Avalanche's $50 Billion Real-World Digital Asset Network
VanEck Introduces PurposeBuilt Fund to Back Real-World Applications on Avalanche Network
VanEck, a prominent U.S. asset manager with assets under management (AUM) of over $116 billion, is venturing further into the cryptocurrency sector by launching the PurposeBuilt Fund. This dedicated investment vehicle aims to support real-world applications within the Avalanche blockchain ecosystem, signifying a significant institutional endorsement of Avalanche's long-term utility.
Scheduled to launch in June 2025, the PurposeBuilt Fund will be managed by the same team behind the successful VanEck Digital Assets Alpha Fund (DAAF), which currently manages over $100 million in assets. Unlike traditional crypto funds, the PurposeBuilt Fund focuses on scalability, utility, and real-world token economics.
The fund will invest in liquid tokens and early-stage ventures, particularly those approaching or just completing a Token Generation Event (TGE). The sectors of focus include decentralized finance and digital payments, AI-driven blockchain use cases, tokenized real-world assets (RWAs), and Web3 gaming and enterprise-grade applications. The fund also plans to optimize idle capital by deploying it into Avalanche-native RWA products, reinforcing on-chain liquidity and utility.
Avalanche, currently valued at nearly $50 billion, has emerged as a preferred platform for serious builders deploying real-world blockchain solutions. Its high throughput, low latency, and custom Layer 1 architecture make it ideal for enterprises looking to scale applications without compromising decentralization. The low fees, sub-second finality, customizable L1 architecture, and enterprise adoption have contributed to growing institutional interest in Avalanche.
According to Ava Labs' Chief Business Officer, John Nahas, the PurposeBuilt Fund is a significant turning point for the Avalanche ecosystem. "This signals a shift away from speculation and toward sustainable token economies," said Nahas. "It's a huge step in supporting founders who are building meaningful businesses on-chain."
VanEck's approach to the crypto market is long-term and fundamentals-driven. Unlike many crypto projects, the PurposeBuilt Fund aims to reshape how crypto businesses are funded by providing strategic capital that aligns with long-term token design and real product-market fit. The fund will act as a strong signal to other institutional players, potentially unlocking a broader wave of institutional investment across Avalanche-native applications.
The launch of the PurposeBuilt Fund solidifies Avalanche's position as a key player in the nascent but rapidly growing blockchain industry. By supporting scalable, real-world businesses, the fund aims to foster sustainable token economies and real adoption, shifting the industry narrative away from speculation toward utility.
- VanEck's PurposeBuilt Fund, launching in June 2025, targets liquid tokens and early-stage ventures on the Avalanche blockchain network, focusing on sectors such as decentralized finance and digital payments, AI-driven blockchain use cases, tokenized real-world assets, Web3 gaming, and enterprise-grade applications.
- The PurposeBuilt Fund, managed by the team behind the successful VanEck Digital Assets Alpha Fund, is a dedicated investment vehicle for real-world applications within the Avalanche ecosystem, revolutionizing crypto investing by emphasizing scalability, utility, and token economics rather than just speculation.
- Avalanche, a popular platform for serious blockchain builders, boasts a high throughput, low latency, and custom Layer 1 architecture, making it appealing for enterprises seeking to scale applications without sacrificing decentralization.
- The PurposeBuilt Fund will not only invest in tokens but also contribute to on-chain liquidity by deploying idle capital into Avalanche-native Real-World Asset (RWA) products.
- The launch of the PurposeBuilt Fund indicates a shift in the focus of the Avalanche ecosystem, moving away from speculation and toward sustainable token economies, as highlighted by Ava Labs' Chief Business Officer, John Nahas.
- By supporting scalable, real-world businesses, the PurposeBuilt Fund aims to foster sustainable token economies and real-world adoption, reshaping the crypto market with a longer-term, fundamentals-driven approach and causing potential waves of institutional investment across Avalanche-native applications.
