Cryptocurrencies
VanEck Starts Crypto, AI Venture Fund With Former Circle Staff
- VanEck’s $30 million fund will invest in up to 35 startups
- The fund is led by ex-Circle’s Wyatt Lonergan and Juan Lopez
This article is for subscribers only.
VanEck, a roughly $115 billion asset manager, is entering the world of venture capital investing with a $30 million early-stage fund that will focus on fintech, digital assets and artificial-intelligence startups.
The fund is led by Wyatt Lonergan and Juan Lopez, who previously headed Circle Ventures, which they left earlier this year. There, they invested more than $50 million into more than 100 early-stage companies, Lonergan said in an interview.