VanEck has launched SegMint, a new digital asset management platform, to streamline asset self-custody and improve the security and accessibility of digital assets.
Investment giant VanEck has announced the launch of SegMint GmbH, an advanced digital asset management platform. This platform is poised to transform the digital asset space by offering an innovative ‘Lock & Key Model’ that promises to make the management of self-custody assets more accessible and secure.
The announcement comes at a time when the digital asset industry is witnessing an exponential increase in the number of monthly active wallets, with Ethereum alone holding 11.8 million. The need for a mechanism that simplifies ownership sharing without compromising security is more urgent than ever. SegMint addresses 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, said the platform emerged from a recognized challenge within the digital asset ecosystem: the difficulty of sharing access and ownership in a world that increasingly values self-control. SegMint’s solution enables individuals to manage their digital assets with confidence and simplicity.
The platform is primarily aimed at crypto-native users, such as NFT collectors and those looking to tokenize physical assets such as luxury watches. While the initial user interface requires some familiarity with the blockchain, SegMint is committed to refining the experience to ensure that even those without extensive technical knowledge can easily navigate the platform.
SegMint’s multi-faceted approach also opens up opportunities for partnerships with companies and communities in need of asset sharing solutions. This flexibility is crucial for collaboration within creative projects or businesses that require shared digital resources.
To broaden the tokenization horizon, SegMint offers additional features including SegMint Safes – a custom multi-signature wallet solution – and NFT coin capabilities, which are complemented by MINTangible’s IP protection toolkit. This toolkit allows creators to define usage rights for their collections, while Delegate.xyz enables sharing of token-gated functions.
In accordance with regulatory compliance and user inclusivity, access to SegMint may vary based on geographic location. However, the initial reception indicates strong interest from the European and Asian markets.
New users are welcomed with an Adventurer NFT, which not only verifies their profile, but also integrates them into SegMint’s quest-based story, offering a mix of storytelling with platform tools 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 breakthrough strategies across asset classes, VanEck continues to drive innovation, liquidity and diversification in investment management.
VanEck’s initiative with SegMint represents a critical step forward in democratizing digital asset management and bridging the gap between virtual and tangible assets, contributing to a more inclusive and user-friendly digital asset ecosystem.
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