VanEck’s new NFT platform SegMint highlights TradFi’s keen interest in Web3 tokenization

VanEck continues to expand its presence in the cryptocurrency and Web3 space by launching its own NFT management platform.

Asset management firm VanEck will look to emulate the success of its recently launched Bitcoin exchange-traded fund (ETF) in the United States with a new self-custody nonfungible token (NFT) platform to explore the potential of tokenized digital asset ownership. 

Cointelegraph spoke exclusively to Matthew Bartlett, VanEck’s NFT community and Web3 head, ahead of the launch of SegMint at NFT Paris. The NFT asset management platform allows users to vault and fractionalize digital assets by issuing keys that will be tradable on the platform’s in-house exchange.

VanEck, the first U.S. asset manager to file for a spot Bitcoin (BTC) ETF in 2017, has garnered a reputation as a traditional finance firm actively exploring cryptocurrency ETFs and digital asset ownership.

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Source: https://cointelegraph.com/news/vaneck-launches-nft-platform-segmint