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Is crypto’s ‘ChatGPT’ moment nearly here?

Author: Content Editor
Investment firm VanEck has launched a $30 million venture fund that will focus on early-stage fintech startups at the intersection of cryptocurrency and artificial intelligence (AI). The fund plans to make up to 35 investments, with checks ranging from $500,000 to $1 million. While the fund's general partner, Wyatt Lonergan, is primarily interested in early-stage projects, he is open to participating in Series A funding if the right opportunity arises. The fund will have an interest in stablecoins, as Lonergan believes they could see regulatory clarity in the next two years. He sees stablecoins as a technology that businesses will consume at scale, similar to how AI became widely adopted with the rise of chat functionality.

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