According to BlockBeats, on October 17, asset management giant VanEck announced that it had made two long-term investments in the Web3 gaming sector, showing its high attention to the sector. One of the investments was in the artificial intelligence blockchain game project Parallel, and the other investment has not yet been made public. VanEck said it will announce details soon.

Gabe Rabello, a member of VanEck's Liquid Token Strategy Team, said on social media that the company believes that gaming is one of the most promising categories in this cycle. VanEck specifically disclosed that the company holds Parallel's PRIME/PROMPT tokens, showing its confidence in the project.