Tritemius acts as the promoter and advisor to the fund, positioning itself as a key player in identifying high-potential web3 startups at the pre-Seed to pre-Series A stages. Average investment per company is expected to be around €500,000, with additional capital reserved for follow-on rounds.
At the center of this initiative is the upcoming launch of the $MBG token, a utility asset that will serve as the operational backbone of MultiBank’s digital finance platform.
Founder and CEO Michael Wu took part in a panel discussion at the event titled Mastering Web3 Finance and Compliance: Blockchain & Beyond, where he emphasized the region's regulatory clarity as a unique advantage.
According to Precedence Research, the global Web3 gaming market is projected to surge from $31.49 billion in 2024 to approximately $182.98 billion by 2034. This growth is expected to be fueled by a growing number of mainstream titles, including Gunzilla Games' Off The Grid launching on PlayStation 5, and the global FIFA franchise venturing into Web3 versions.
According to Arch Labs, the new virtual machine will handle off-chain computations to enable Turing-complete smart contracts directly on Bitcoin’s base layer. This would eliminate the need for external scaling solutions and offer Solana-like transaction speeds while maintaining Bitcoin’s security infrastructure.
