Following the success of its Bitcoin Exchange fund in the United States , investment firm VanEck has launched a new marketplace for digital assets and non-convertible tokens(NFTs) called SegMint.
VanEck said in a statement that SegMint was born out of VanEck’s research into digital assets and a platform based on a “lock and key model.” Nueva.Tech, Delegate.xyz, MINTangible.io, Portals.to and Walletchat.fun will be SegMint’s technical partners.
VanEck says SegMint’s lock and key model enables simple sharing of ownership and access, making it easier to manage assets independently. Expected interest from Europe and Asia will limit access to the new platform. In addition, SegMint users who have a verified profile and completed Know Your Customer(KYC) will receive “Adventurer NFT.”
In a press statement, SegMint founder Matt Bartlett said: “We have identified a significant problem in the digital content ecosystem – the challenge of sharing access and ownership in a world of self-care.” Bartlett adds that the lock-and-key model solves this problem by offering a user-friendly solution that allows users to securely share their resources while maintaining control.
On Monday, NFT’s one-day sales volume rose 2.35% to $52,286,636. In terms of NFT sales volume, Bitcoin overtook Ethereum. According to Sead Fadilpašić of CryptoNews, it’s common knowledge that Ethereum dominates the list, usually staying in first place for weeks. Over the past seven days, Ethereum’s sales totaled $136.7 million, while Bitcoin’s sales hit $97.8 million.
As competition in the market has intensified, VanEck Bitcoin Trust has reduced fees on its Bitcoin ETF for trading in the US under the exchange symbol “HODL.”