Investment firm VanEck has launched the SegMint platform for trading digital assets and NFTs, along with a non-custodial wallet. This was reported by The Block.
At launch, SegMint will serve clients in Europe and Asia, with access restricted for U.S. residents.
The platform targets blockchain-savvy users who own or wish to access NFTs. Additional features include a multisig wallet and NFT minting capabilities.
Security was a key focus in the creation of SegMint, with developers employing Lock & Key technology.
Founded in 1955, VanEck was among the first to apply for a spot Bitcoin ETF back in 2021. In January 2024, the U.S. Securities and Exchange Commission (SEC) approved the instrument.
In February, VanEck submitted a revised application to the SEC for a spot Ethereum ETF. Some experts believe the regulator might approve the exchange-traded fund based on the second-largest cryptocurrency by market capitalization as early as May.
In December 2023, VanEck CEO Jan van Eck stated that Bitcoin surpasses other digital assets as a store of value.