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.
Avalanche is investing aggressively in the Indian region, working closely with more government agencies on welfare projects and rolling out a mini-grants program to encourage builders at all stages to build on their platforms.
Anonymous Labs has some experience in blending entertainment with blockchain technologies. The developer previously launched a meme coin project based on the Simon’s Cat web cartoon on the BNB Chain. The CAT token, while experiencing recent gains aligned with broader market trends, has shown the volatility typical of digital assets.
