VanEck shifts focus to fintech and AI startups: ‘Future of finance’

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 68%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

VanEck Ventures launches $30M fund, pushing blockchain, AI, and stablecoin innovations amid strong AI investment trends.

2024 AI venture capital hits record $53B, underscoring investor confidence and sector growth.has made a significant move into venture capital, announcing a new $30 million fund aimed at early-stage fintech, digital assets, and AI-focused startups.

This statement sheds light on how VanEck’s new venture fund complements its crypto ETFs and private funds, aiming to drive innovation in blockchain, stablecoin, and DeFi solutions. This trend underscores sustained confidence in AI’s growth potential, even as venture capital funding faces broader challenges.“The $11.8 billion of fresh capital is close to quarterly figures seen throughout 2023 and 2024, excluding the absolute record of $29.6 billion raised in Q2 2024.”data also revealed a surge in AI venture capital investment in 2024, reaching nearly $53 billion—a 35% increase over 2023 and surpassing the previous high of $49.4 billion in 2021.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Spare a thought for the vital ventures marketProviding better access to capital for Canadian venture companies through public equity markets is one step to solving the country’s productivity problem
Source: globebusiness - 🏆 31. / 66 Read more »