Background

Fintech Bro’s Wet Dream Come True: Vaneck Unleashes $30M Fund That’s Just More Money for Crypto Cartels

A  illustration depicting a bespectacled financier sitting at a desk surrounded by screens displaying cryptocurrency prices and blockchain diagrams, while holding a briefcase overflowing with cash, symbolizing the 'wet dream' of crypto cartels being fulfilled.

Fintech bros rejoice! Your precious Vaneck just launched a $30 million fund that’s basically a never-ending supply of free money for crypto startups (and their lawyers). The real question is, who exactly does this ‘transformative market’ nonsense benefit? A group of industry veterans with connections to Circle Ventures and a penchant for the almighty dollar?.

Source: bitcoin.com

Vaneck, a global investment management firm, has announced the launch of a $30 million early-stage venture fund targeting fintech, digital assets, and artificial intelligence (AI) startups. Named Vaneck Ventures, the fund will support companies in the pre-seed and seed stages, continuing the firm’s strategy of investing in transformative markets. According to the firm, the fund aims to invest in 25 to 35 startups, with check sizes ranging from $500,000 to […]

Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

We are the internet’s finest destination for poking fun at the wild world of cryptocurrency! We transform the bewildering jargon and frantic hype of the crypto market into a comedy spectacle that’s almost as volatile as crypto itself.

© 2024 Cryptobro Magazine