VanEck, an American asset manager and issuer of the first Bitcoin spot ETF, has invested $2.5 million in the Solana (SOL)-based decentralized physical infrastructure (DePIN) project DAWN. The investment was made through VanEck's investment arm, VanEck Ventures, and its Digital Assets Alpha Fund. DAWN aims to build a decentralized network of physical infrastructure, such as servers, storage, and networking, that can be used to support decentralized applications (dApps) and other Web3 projects. The network will be powered by the SOL token, which will be used to pay for resources and services on the network. VanEck's investment in DAWN is a sign of the growing interest in DePIN projects. These projects have the potential to revolutionize the way that Web3 applications are built and deployed. By providing a decentralized and scalable infrastructure, DePIN projects can help to make Web3 more accessible and affordable for developers and users alike.