Is crypto’s ‘ChatGPT’ moment nearly here?
VanEck is diversifying with the launch of a new venture fund.
The $30 million fund is focused on early-stage startups specifically with the goal of investing in fintech projects at the intersection of crypto and AI.
“Those two components are very much like horizontal technologies. And I say that because crypto is like the value layer and AI is where you can now take financial services that are typically performed by people, represent them in code and start to automate things,” general partner Wyatt Lonergan told Blockworks.
Read more: From crypto ETFs to VC: VanEck unveils $30M fund
The fund’s made a couple of investments so far, but VanEck isn’t quite ready to divulge any details just yet. What we do know is that it…