VanEck launched SegMint, a new digital asset management platform to streamline self-custody of assets and improve the security and accessibility of digital property.
Investment giant VanEck has announced the launch of SegMint GmbH, a cutting-edge digital asset management platform. This platform is poised to transform the digital asset space by offering an innovative “lock and key model” that promises to make standalone asset management more accessible and secure.
The announcement comes at a time when the digital asset industry is witnessing an exponential increase in monthly active wallets, with Ethereum alone boasting 11.8 million. The need for a mechanism that simplifies ownership sharing without compromising security is more urgent than ever. SegMint meets this need by providing a secure, vault-like environment for digital assets where users can effortlessly grant access to others through a secure “key” system, promoting both control and security.
Matt Bartlett, the founder of SegMint, expressed that the platform originated from a recognized challenge in the digital asset ecosystem – the difficulty of sharing access and ownership in a world that increasingly values self-custody. SegMint’s solution empowers people to manage their digital assets with confidence and simplicity.
The platform is particularly focused on crypto-native users, such as NFT collectors and those looking to tokenize physical assets such as luxury watches. Although the initial user interface requires some knowledge of blockchain, SegMint is dedicated to refining the experience to ensure that even those without extensive technical knowledge can navigate the platform with ease.
SegMint’s diverse approach also opens up opportunities for partnerships with businesses and communities requiring asset sharing solutions. This flexibility is crucial for collaboration within creative projects or businesses that need shared digital resources.
In its quest to expand the horizons of tokenization, SegMint offers additional features including SegMint Safes—a custom multi-signature wallet solution—and NFT mining capabilities that are enhanced by MINTangible’s IP protection toolkit. This toolset allows creators to define usage rights for their collections, while Delegate.xyz enables token-limited feature sharing.
In accordance with regulatory and user inclusion, access to SegMint may vary by geographic location. However, the initial reception shows strong interest from the European and Asian markets.
New users are welcomed with an Adventurer NFT that not only verifies their profile, but integrates them into SegMint’s quest-based narrative, offering a mix of storytelling with platform utility and rewards.
The launch of SegMint is a testament to VanEck’s commitment to identifying and capitalizing on investment trends that are shaping the industry. With a rich history of pioneering strategies across asset classes, VanEck continues to foster innovation, liquidity and diversification in investment management.
VanEck’s initiative with SegMint represents a crucial step forward in democratizing digital asset management and bridging the gap between virtual and physical assets, contributing to a more inclusive and user-friendly digital asset ecosystem.
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