Web3 Investco AG buys digital asset marketplace Blocktrade – Finextra | Jewelry Dukan

Web3 Investco AG, a private equity firm based in Crypto Valley Zug, Switzerland, focused on investments in specific segments of the blockchain technology, payment services and software industry, today announced the signing of a definitive agreement to purchase 100 percent of the voting rights known Shares in Blocktrade SA, a public limited company based in Luxembourg.

With this transaction, the seller of Blocktrade – Elite Club Foundation – continues to implement its strategic goals and thus completely leaves the fintech sector.

Behind the new Blocktrade shareholder are none other than the Web 3.0 industry professionals Ralf Glabischnig, Hubertus Thonhauser, Bernhard Koch and the current CEO of Blocktrade SA, Christian Niedermüller.

Ralf Glabischnig is a serial entrepreneur and investor who was instrumental in building the so-called Crypto Valley with the support of the Inacta Group ventures. He is actively building a global blockchain ecosystem starting in Switzerland and expanding to the Middle East, the Crypto Oasis.

Hubertus Thonhauser is an experienced venture capital investor with an industry focus on fintech, web3 and the gaming industry. He co-founded Babil Games, the leading mobile games provider in the MENA region, which was acquired by Stillfront Group in 2016. Hubertus was previously CEO of Casinos Austria International in Switzerland and Chairman of the Tezos Foundation. Today he is a Partner at Ghaf Capital, a leading Web3-oriented venture capital firm in Dubai, United Arab Emirates.

Bernhard Koch has over 20 years of experience in IT and financial services and has worked across Europe, Asia, the Middle East and Hong Kong. Since 2015, Koch has invested in and launched multiple products, agencies, and blockchain projects. Among many others, he is the CEO and founder of the Cryptix Group, a Web3 venture builder based in the Crypto Valley of Switzerland.

Christian Niedermüller was appointed CEO of Blocktrade in February 2022. Christian Niedermüller has held senior positions at various international financial institutions and private equity firms including Cerberus, HCOB and other European banks, as well as an experienced fintech investor and manager and has been in the digital asset industry for more than seven years . He is a regular pre-seed/seed investor in the crypto industry with his co-founded venture capital firm SMAPE Capital, he is also co-founder of DAIC Capital and co-founder of DAAA (Digital Asset Association Austria). where he is still a board member.

Blocktrade is a digital asset marketplace that makes investing in cryptocurrencies easy. Headquartered in Luxembourg and with VASP (Virtual Asset Service Provider) registrations in Estonia and Italy, the company operates and develops the world-class crypto investment platform for all things gamification, social gaming and networking, enabling, simplifying and diversifying entry into the crypto World for people of all skill levels, from beginners to seasoned crypto professionals. Blocktrade launches its new Blocktrade 2.0 user interface, which offers users no trading fees for most tokens, as well as additional assets, new payment options and live chat support.

“Blocktrade will benefit greatly from the deep industry knowledge and extensive network of its new shareholder and the people behind it, and I look forward to shaping Blocktrade’s journey together with the new shareholders,” says Christian Niedermüller, CEO of Blocktrade and also board member of the new shareholder Web3 Investco AG. After working for Blocktrade for the past few months, Christian Niedermüller helped build the team and initiated a change of strategy from Blocktrade, the first step of integration of which will be announced shortly. Going forward, the partnership between Web3 Investco AG and Blocktrade will help Blocktrade’s management team focus on continuing to invest in the growth of the exchange platform by advancing industry-leading products, improving payment methods, and pursuing crucial features such as staking and other new ones Asset classes such as token stocks and related mini-games.

“As soon as we have acquired the necessary licenses, we plan to list many new assets and asset classes followed by their communities and will switch to gaming, skill/social gaming and everything to do with network effects over the next six months,” says Christian Niedermüller.

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