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VanEck bets on Celestia with new investment product

VanEck bets on Celestia with new investment product

Crypto.NewsCrypto.News2025/04/01 16:00
By:By Micah ZimmermanEdited by Jayson Derrick

Asset management firm VanEck has expanded its cryptocurrency offerings by launching an investment product based on Celestia

Celestia is a modular blockchain designed to scale decentralized applications.

The new product, listed in an investor-preferred wrapper will allow institutional and retail investors to gain exposure to the Celestia ( TIA ) token.

Celestia addresses blockchain scalability by optimizing data availability, a key bottleneck in decentralized networks. Its modular design enables developers to build high-throughput applications while maintaining control over their own blockchain environments.

TIA demand

The Celestia ecosystem is expanding, and the popularity of its native token is on the rise.

“The demand for the TIA token is a direct result of the need for Celestia’s services, as all interactions on Celestia are denominated and paid for in TIA,” said Menno Martens, Crypto Product Manager at VanEck Europe, in a note shared with crypto.news. “As more developers utilize Celestia, we see growth potential for its ecosystem.”

The VanEck Celestia strategy is positioned as one of the first regulated exchange-traded products tied to Celestia, offering institutions a structured way to invest. 

Celestia co-founder Mustafa Al-Bassam noted that this marks an early step toward broader institutional adoption, with more ways to engage with the network expected in the future.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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