Follow
Show Coin Info
Price
17.59 USD
% Change
0.50%
Market Cap
7.42B USD
Volume
186M USD
Circulating Supply
422M
Avalanche Secures Institutional Backing as VanEck Launches Purposebuilt Fund
VanEck, one of the world’s leading asset managers, has launched the Purposebuilt fund — a dedicated investment vehicle focused on backing real-world use cases built on Avalanche. The initiative is managed by VanEck’s Digital Assets Alpha Fund team, known for one of the top-performing token funds in the industry, with over $100M in assets under management.
Purposebuilt emphasizes long-term value and real utility over hype-driven speculation. It will fund a mix of liquid tokens and early-stage ventures, with capital deployed directly into Avalanche-native real-world asset products, such as tokenized money market funds.
Event date: May 29, 2025 UTC
AVAX Price Changes After Event Publication
6.54%
1 day
13.09%
2 days
23.25%
Now (Added 29 days ago)
The event is about to begin
0
D
0
H
0
M
0
S
V
May 29 18:58 (UTC)
✕
✕