VanEck has established a $30 million venture fund to support crypto and AI startups
Key receivers
VanEck Ventures plans to invest in 25 to 35 early-stage startups with a focus on digital assets and fintech. The fund emphasizes investments in tokenization and stablecoin platforms, recognizing their potential in global payments.
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VanEek, a well-established investment management firm, has launched a $30 million venture fund, VanEek Ventures, to support early stage companies operating in the fintech, digital asset and artificial intelligence (AI) sectors. .
Led by Circle Ventures alumni Wyatt Lonergan and Juan Lopez, the fund plans to invest in 25-30 different projects. Each project can receive between $500,000 and $1 million in funding. So far, the group has invested in four projects.
VanEck Ventures targets investments in companies in the pre-seed or seed stages of development. The asset manager is particularly interested in companies that are building innovative solutions such as tokens, Internet-native financial marketplaces and next-generation payment systems.
“Three investment points at the core of our investment research are starting to reinvent the foundation of the internet: stablecoins as open source banking, blockchain production, and AI breakthroughs,” Lonergan said. “The convergence of these is creating unprecedented opportunities for globally connected, consumer-centric financial experiences, and we're excited to support founders in these innovations.”
The company will showcase its stablecoin revolution in payment systems, particularly the $39 trillion B2B cross-border payments market. Lopez predicts that this area will see major developments in the next five years.
Lopez is bullish about the future of blockchain technology and the opportunities it brings to innovation. He believes that the recent developments of Statcoins, mergers and regulatory transparency have created an environment conducive to building on the blockchain.
“Over the past few years, we've seen stablecoins enable seamless, large-scale value storage and transfer with Linux-like processing,” Lopez said. “With more on-chain utilities, programming and compliance focused, coming to market with growing regulatory transparency, it's never been a more exciting time to build. Our goal is to be a long-term partner of the bold founders who are defining the next generation of blockchain services.
VanEck has a history of spotting emerging trends and investing early. The company was an early supporter of Bitcoin and always has been He showed his willingness to accept. New and disruptive technologies.
VanEck was the first US company to file for the Solana ETF in the US. The move follows a recent surge in crypto ETFs in the market.
The newly formed fund is part of VanEck's broader strategy to expand its presence in the digital asset space. The company aims to increase its exposure to crypto and related technologies. It's going. From E.F.F Provisions.
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