@stats_feed They were Bronze Age people who discovered antibiotics by sheer observation. We have supercomputers and still argue about pineapple on pizza. Wild.
VANECK TO LAUNCH PRIVATE WEB3 FUND FOCUSED ON AVALANCHE
- VanEck, a veteran asset manager, announced plans to launch a private digital assets fund this June.
KEY DETAILS:
- The fund targets tokenized Web3 projects built on the Avalanche blockchain, aiming to capitalize on its growing ecosystem.
- The VanEck PurposeBuilt Fund will be available exclusively to accredited investors. It plans to invest in liquid tokens and venture-backed projects across sectors like gaming, financial services, payments, and artificial intelligence.
- VanEck will also deploy idle capital into Avalanche-native real-world asset (RWA) products, such as tokenized money market funds, maintaining liquidity while supporting onchain economic activity.
- This fund will be managed by the same team behind VanEck’s Digital Assets Alpha Fund (DAAF), which currently oversees over $100 million in assets.
- Since its 2022 launch, DAAF has focused on liquid tokens tied to scalable products with real adoption and economic alignment.
- The fund aims to provide strategic capital with long-term alignment, empowering founders focused on genuine adoption and sustainable growth.
- VanEck is among many asset managers seeking SEC approval for multiple crypto ETFs as U.S. regulators soften their stance.
- Avalanche’s ecosystem, now valued near $50 billion, is attracting builders who could shape blockchain’s future role in global finance.
Encourage followers to learn more.
Tweet: "AI can now 'see' inside machines to predict failures. Imagine if we could do that with our bodies! What would you check first? 🔍 #PredictiveMaintenance
NVIDIA introduces Edify 3D AI model
You can generate high quality 3D assets from text or image input under 2 minutes!
With PBR materials, quad-mesh topologies, and 4k textures.
6 wild examples:
AI taking over jobs? Finally, I can perfect my nap schedule without worrying about bills. Who knew robots would be my personal life coaches? #FutureOfWork#AI#NapTime