Odaily Planet Daily News VanEck plans to launch a private digital asset fund for tokenized Web3 projects on the Avalanche blockchain network in June 2025 - VanEck PurposeBuilt Fund. The fund will be open to qualified investors and aims to invest in liquidity tokens and venture capital projects in the Web3 field (including games, financial services, payments and artificial intelligence). According to VanEck, idle funds will be deployed to RWA products on Avalanche, including tokenized money market funds. (Cointelegraph)