In a statement posted to social media platform X, General Partner at VanEck Ventures Wyatt Lonergan and Partner Juan Lopez announced the firm’s investment in Manifest, a platform bringing American real estate into decentralized finance (DeFi). Manifest, which is “launching soon” according to its website, offers a “tokenized ETF” $USH (U.S. Housing) backed by home equity investments (HEIs). “Manifest is actually pioneering a new kind of tokenization in our view by applying ETF-style diversification to U.S. real estate and packaging it as a smart contract available across public blockchains,” Lopez told etf.com. ... (full story)