Hassan Maishera
TL;DR
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VanEck has launched an NFT marketplace and digital assets platform.
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SegMint will initially focus on crypto-native users in Europe and Asia before expanding to other parts of the world.
VanEck launches SegMint
Global investment manager VanEck has announced the launch of SegMint, its NFT marketplace and digital assets platform. VanEck launched this platform in collaboration with Nueva.Tech, Delegate.xyz, MINTangible.io, Portals.to and Walletchat.fun.
VanEck is one of the first to apply to a spot bitcoin ETF in the United States. Its HODL product launched alongside nine other spot bitcoin ETFs on Jan. 11.
According to the team, SegMint was launched following VanEck’s digital assets research effort. The NFT marketplace and digital assets platform is designed to improve accessibility and security in the space via its “Lock & Key Model.”
The platform will simplify the self-custodial sharing of digital assets. The firm added that the process is similar to having a secure vault to store digital assets and issue keys to others, granting them shared access and ownership without any threat to security.
While commenting on this latest development, SegMint founder Matt Bartlett said,
“We identified a significant pain point in the digital assets ecosystem — the challenge of sharing access and ownership in a self-custody world. The Lock & Key Model addresses this by offering a user-friendly solution that empowers individuals to securely share their assets while retaining control.”
SegMint also comes with other exciting features including a custom multi-sig wallet solution, NFT minting capabilities and token-gated utility.
VanEck added that SegMint’s initial focus would be on crypto-native users who own or want access to NFTs and have some familiarity with blockchain concepts. Only users who have completed the ID verification process can use the platform. Those users will also receive a complimentary “Adventurer NFT” and be rewarded with additional benefits.
At the moment, access to the SegMint platform is not open to users in all parts of the world. It is currently available to users in Europe and Asia but VanEck will expand it to cover other parts of the world in the future.
“Depending on the user's country of residence, access to the platform may be limited. We expect interest in Europe and Asia,” Bartlett concluded.
