Let’s be honest: crypto is at a crossroads. Obsession with infrastructure investments and token launches has created an imbalance, diverting attention from products that deliver real value to users. Trust has eroded as too many VCs chase short-term gains with unlocks. What’s missing? Real conviction, commitment, and accountability.
Despite shaky sentiment and regulatory migraines, we’re not backing down. We believe this technology will reshape the financial system and beyond.
That's why we're launching VanEck Ventures, a $30M early-stage fund committed to investing in visionary founders operating at the intersection of fintech, crypto, and artificial intelligence. We've already launched liquid token funds, ETFs, and ETPs, but this fund marks our expansion into the early-stage venture ecosystem, where we think some of the most exciting companies in fintech are being built today.
Our investment philosophy is clear: We're infrastructure-agnostic and investing in exceptional teams defining the application layer in their respective categories. Our core focus includes tokenized asset issuers, marketplaces, on-chain payments middleware, and applications built on stablecoins.
VanEck Ventures will be led by Wyatt Lonergan and Juan Lopez, formerly of Circle Ventures, where they invested in over 100 early-stage companies from infrastructure to consumer applications. We expect to make 25 to 35 investments with check sizes around $1 million over the next few years. The fund has already made four investments to be announced soon.
If you’re a founder crazy enough to build something great, we may be crazy enough to fund it. Let’s talk. DM @Wyatt_Lonergan @0xlaguna
Prediction #1. The US recession will finally arrive, but so will the first spot #Bitcoin ETFs. Over $2.4B may flow into these ETFs in Q1 2024 to support Bitcoin’s price.
Prediction #2: The 4th #Bitcoin halving in 2024 will see minimal market disruption and a post-halving rise in Bitcoin's price, with significant gains for some low-cost miners.
Prediction #3: #Bitcoin will make an all-time high in Q4 2024, potentially spurred by political events and regulatory shifts following a US presidential election.
PLEASE NOTE: Fund effective as of September 29, 2023. The Fund is not yet available for trading and there is no assurance that the Fund will commence trading.
1/ Our upcoming VanEck Ethereum Strategy ETF (EFUT) launch is simply a reflection of your imagination and dedication, as well as our hope for Ethereum’s mainstream adoption in the future.
VanEck 🤝 2023 Crypto Outlook: Our Top 11 Predictions🧵
1. #Bitcoin will test $10-12K in Q1 amid a wave of miner bankruptcies, which will mark the low point of the #cryptowinter. ❄️
2. In the second half of 2023, #Bitcoin will rise to $30K. Lower inflation, easing energy concerns, a possible truce in Ukraine, and a turnaround in M2 supply will power the start of a new bull market. 🐂📈
3. Financial institutions will tokenize more than $10B in off-chain assets on #blockchain. ⛓🏦