VanEck Ventures is launching a $30 million venture fund for early-stage investments in fintech, digital assets, and artificial intelligence. This move reflects VanEck's strategic expansion into venture capital, built on the company's long-standing philosophy of identifying transformative opportunities at early stages.
VanEck CEO Jan van Eck stated, “This fund continues our vision of supporting pioneering markets, as we did with gold in 1968 and Bitcoin in 2017. We aim to back founders whom we believe will lead the future of finance.”
VanEck Ventures focuses on startups leveraging cutting-edge technologies such as blockchain and artificial intelligence. The fund’s investment strategy aims to support teams building innovations at the applied level. Key focus areas for the fund include tokenized assets, financial online marketplaces, and new payment solutions based on stablecoins.
The fund is led by experienced investors Wyatt Lonergan and Juan Lopez, who previously worked successfully at Circle Ventures. The fund plans to make 25-35 investments with amounts ranging from $500,000 to $1 million.