Crypto

VanEck Launches Avalanche Investment Fund 'PurposeBuilt'

2025/05/22 11:56 (Updated 2025/05/22 18:01)
CoinPost
Written by A.Yamada
SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
VanEck Launches Avalanche Investment Fund 'PurposeBuilt'

Start of 'VanEck PurposeBuilt Fund'

On the 21st, asset management giant VanEck announced the launch of the 'VanEck PurposeBuilt Fund', which invests in projects built on the Avalanche (AVAX) cryptocurrency ecosystem. Following this news, AVAX saw a 4.3% increase compared to the previous day. The fund is a private fund that invests in companies issuing tokens based on Avalanche, creating long-term value. It is scheduled to be launched in June. The fund will invest in highly liquid tokens and projects advanced by venture capitals, among others...

SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
Side Banner
Side Banner
MAGAZINE
Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.