VanEck NFT Marketplace Launched With Unique Features

Key Points:

• SegMint, a new VanEck NFT marketplace and digital assets platform, is now launched.
• SegMint streamlines secure self-custodial sharing with its “Lock & Key Model.”
• Access to SegMint is limited, excluding U.S. residents, marking VanEck’s entry into cryptocurrency.

Global investment manager VanEck has unveiled its latest venture, the SegMint NFT marketplace and digital assets platform, in collaboration with Nueva.Tech, Delegate.xyz, MINTangible.io, Portals.to, and Walletchat.fun.

VanEck NFT Marketplace SegMint Launched

According to The Block, SegMint emerges from VanEck‘s deep dive into digital assets, aiming to enhance accessibility and security through its innovative “Lock & Key Model.” This model streamlines the self-custodial sharing of digital assets, akin to a secure vault where users can issue keys to others, enabling shared access without compromising security.

Founder Matt Bartlett highlighted the platform’s response to a prevalent challenge in the digital assets realm: securely sharing access and ownership in a self-custody landscape. The Lock & Key Model offers a user-friendly solution empowering individuals to share assets while retaining control.

Established in 1955, VanEck boasts a rich legacy in asset management, primarily focused on exchange-traded funds. The firm made headlines by filing one of the earliest applications for a spot Bitcoin ETF in the U.S., launching its HODL product alongside nine others on Jan. 11.

SegMint Platform Excludes U.S. Residents, Signals VanEck’s Cryptocurrency Move

VanEck NFT marketplace boasts additional features like a custom multi-sig wallet solution, NFT minting capabilities, and token-gated utility, initially provided for free.

Targeting crypto enthusiasts intrigued by NFTs and digital assets, the platform’s reach is not universal. It excludes U.S. residents and citizens due to regulatory constraints, potentially limiting access based on users’ country of residence.

The company’s foray into the cryptocurrency space with VanEck NFT marketplace could spur further innovation among asset management firms, driving the development of novel concepts and platforms.