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VanEck launches $30M ventures fund for crypto and AI

VanEck’s new $30 million fund, VanEck Ventures, will focus on investment in fintech, crypto and AI startups building next-generation payments.

VanEck, one of the issuers of spot Bitcoin exchange-traded funds (ETF) in the United States, has a new initiative to support early-stage cryptocurrency and artificial intelligence projects.

VanEck has launched VanEck Ventures, a $30 million fund investing in fintech, crypto and AI startups in pre-seed and seed stages, the company announced on Oct. 9.

Source: VanEck

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