Wu Shuo has learned that VanEck announced it will launch the VanEck PurposeBuilt Fund in June 2025. This is a private digital asset fund focused on the Avalanche ecosystem, open only to qualified investors. The fund will be managed by the VanEck Digital Assets Alpha Fund team and will invest in projects with long-term token utility established around the Token Generation Event (TGE), covering sectors such as gaming, financial services, payments, and AI. Additionally, idle funds will be allocated to Avalanche-native Real World Asset (RWA) products to maintain on-chain liquidity.