INSUBCONTINENT EXCLUSIVE:
VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network,
the asset manager said in a statement shared with Cointelegraph.The VanEck PurposeBuilt Fund, available only to accredited investors, aims
to invest in liquid tokens and venture-backed projects across Web3 sectors, including gaming, financial services, payments, and artificial
a series of funds from the asset manager and rivals designed to offer exposure to projects and companies in fast-growing segments of
exposure to the digital economy.In April, VanEck launched another ETF investing in a passive index of companies operating in the crypto
after Trump took office in January.Avalanche TVL as of May 21
Source: DefiLlamaAvalanche RWA ecosystemAvalanche has emerged as a hub for real-world assets (RWAs) and other institutional-oriented crypto
Solv Protocol launched a yield-bearing Bitcoin token on the Avalanche blockchain, targeting institutional investorsAvalanche has around $1.5