BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home BREAKING NEWS

VanEck Launches $30 Million Fund for Early-Stage Crypto and AI Projects

by Matoy
October 9, 2024
in BREAKING NEWS, CRYPTO
Reading Time: 2 mins read
A A
1
SHARES
19
VIEWS
Share on XShare in TelegramShare on Reddit
  • VanEck Ventures launched a $30 million fund to invest in pre-seed and seed-stage fintech, crypto, and AI startups.
  • The fund will focus on tokenized assets, stablecoin-based payments, and financial marketplaces.
  • VanEck Ventures aims to make 25-35 investments, with capital ranging from $500,000 to $1 million per project.

VanEck, a prominent issuer of Bitcoin exchange-traded funds (ETFs) in the United States, has announced the launch of VanEck Ventures, a $30 million fund dedicated to supporting early-stage startups in cryptocurrency, artificial intelligence (AI), and financial technology. The announcement was made on October 9, signaling the company’s continued focus on emerging technologies.

VanEck Ventures to Invest in Fintech and Crypto Startups

VanEck’s new fund will focus on fintech innovations, tokenized assets, stablecoin-based payments, and digital financial marketplaces. Led by former Circle Ventures executives Wyatt Lonergan and Juan Lopez, VanEck Ventures aims to make significant investments in the pre-seed and seed stages of companies shaping the future of finance.

At Circle Ventures, Lonergan and Lopez were instrumental in investing over $50 million in early-stage companies across a range of sectors, from infrastructure to consumer applications. The duo will now lead VanEck’s venture fund, which anticipates making 25 to 35 investments with capital ranging from $500,000 to $1 million for each project.

Vision for the Future of Finance

VanEck Ventures will emphasize the role of stablecoins as a foundational element in financial innovation, with Lonergan noting that stablecoins could become an “open-source banking layer.” The fund’s investments are expected to support both equity stakes and tokens linked to promising projects. So far, four investments have been made, with further announcements to come.

VanEck CEO Jan van Eck highlighted the company’s long-term commitment to disruptive technologies, stating, “This fund extends our vision into the early-stage venture space. We look forward to supporting founders of the most disruptive companies in fintech and finance.”

Tags: VanEck
TweetShareShare
Previous Post

Bitfinex Likely to Recover $5.8 Billion from 2016 Bitcoin Hack

Next Post

Bitcoin’s Consolidation Signals Major Price Movement Amid Fed Cuts and Silk Road BTC Sale

DON'T MISS THESE! HOT OFF THE PRESS

Toncoin and Telegram: The Sleeping Giant of 2025?
BITCOIN

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL
BITCOIN

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
SEC Plans Shortcut for Crypto ETFs With New Listing Rules
CRYPTO

SEC Plans Shortcut for Crypto ETFs With New Listing Rules

July 1, 2025
Connecticut Bans Bitcoin and Crypto for Government Funds
BITCOIN

Connecticut Bans Bitcoin and Crypto for Government Funds

July 1, 2025
Shiba Inu: Turning $3,000 into $10,000 – The Math Behind the Meme
CRYPTO

Shiba Inu: Turning $3,000 into $10,000 – The Math Behind the Meme

July 1, 2025
FARTCOIN Surges 148%—Is the Meme Just the Beginning?
CRYPTO

FARTCOIN Surges 148%—Is the Meme Just the Beginning?

July 1, 2025
Load More

Related News

Toncoin and Telegram: The Sleeping Giant of 2025?

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
SEC Plans Shortcut for Crypto ETFs With New Listing Rules

SEC Plans Shortcut for Crypto ETFs With New Listing Rules

July 1, 2025
Donald Trump Threatens Elon Musk with DOGE Audit

Donald Trump Threatens Elon Musk with DOGE Audit

July 1, 2025
Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

Jerome Powell Says July May be Too Early for Rate Cuts, But Doesn’t Rule it Out

July 1, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.