Global investment giant VanEck has announced the creation of VanEck Ventures, a new arm focusing on early-stage investments in fintech, digital assets, and artificial intelligence. VanEck Ventures’ first fund is set to raise $30 million to support emerging companies in these rapidly evolving fields.
Experienced Leadership Steers the Fund
VanEck Ventures is led by former Circle Ventures executives Wyatt Lonergan and Juan Lopez, who bring years of expertise in digital assets and finance. Their strategy focuses on tokenization and stablecoin platforms, which they view as central to advancing the next generation of digital finance.Investing in the Future of Stablecoins and Payments
The fund will invest in token and equity projects, emphasizing the role of stablecoins as a powerful payment solution. Lopez noted the potential for blockchain technology to transform international payments, especially in the $39 trillion global B2B market. The fund aims to make 25-35 investments ranging from $500,000 to $1 million, focusing on technology that improves payment speed, security, and efficiency.VanEck’s Continued Commitment to Digital Assets
VanEck has long been a pioneer in the crypto space, with past initiatives including Bitcoin and Ethereum ETFs. Now, with VanEck Ventures, the firm is expanding into private investment to support the growth of the digital economy. This move comes as crypto VCs raise billions, with $2.2 billion in new funds announced this year alone. Source: The Block
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