Web3 Investco AG, a private equity firm based in the Crypto Valley of Zug, Switzerland, focused on investments in targeted segments of the blockchain technology, payment services and software industry, announced today the signing of a definitive agreement to 100 percent of the votes for sale. shares of Blocktrade SA, a company limited by shares with its registered office in Luxembourg.
With this transaction, the seller of Blocktrade – Elite Club Foundation – continues to implement its strategic goals and thus leaves the fintech sector completely.
Behind the new shareholder of Blocktrade is none other than 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 very involved in building the so-called Crypto Valley, supported by the companies of the Inacta Group. He is actively building a global blockchain ecosystem, starting in Switzerland and expanding to the Middle East, the Crypto Oasis.
Hubertus Thonhauser is a seasoned venture capital investor with sector focus on fintech, Web3 and the gaming industry. He co-founded Babil Games, the leading mobile gaming provider in the MENA region, acquired by Stillfront Group in 2016. Hubertus previously served as CEO of Casinos Austria International in Switzerland and was chairman of the Tezos Foundation. Today, partner in Ghaf Capital, a leading Web3-focused 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 various products, agencies and blockchain projects. Among many others, he is the CEO and founder of Cryptix Group, a Web3 business builder in the Crypto Valley in Switzerland.
Christian Niedermüller was appointed CEO of Blocktrade in February 2022. Having held senior positions at several international financial institutions and private equity firms, including Cerberus, HCOB and other European banks, Christian is also a seasoned fintech investor and manager and has been in the digital asset industry for over seven years. . He is a regular pre-seed/seed investor in the crypto industry with his co-founder Venture Capital firm SMAPE Capital, he is also a co-founder of DAIC Capital and also co-founder of the 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, with VASP (Virtual Asset Service Provider) registrations in Estonia and in Italy, the company operates and develops the go-to crypto investment platform for all things gamification, social gaming and networking, facilitating entry into the crypto -world for people of all levels of knowledge from beginners to experienced crypto professionals. Blocktrade introduces its new interface, Blocktrade 2.0, which will offer users zero trading fees on most tokens, plus additional assets, new payment options and live chat support.
“Blocktrade will benefit greatly from the great industry knowledge and extensive network of its new shareholder and the people behind it and I am very much looking forward to shaping the way of Blocktrade together with the new shareholders,” says Christian Niedermüller, CEO of Blocktrade and also . board member of its new shareholder Web3 Investco AG. After working for Blocktrade for the past months, Christian Niedermüller helped build the team and initiated a strategy change from Blocktrade, which first integration step will be announced soon. Going forward, the partnership between Web3 Investco AG and Blocktrade will help the management team at Blocktrade to focus on continuing to invest in the growth of the exchange platform through further development of leading products, the improvement of payment methods and the pursuit of important features such as strike and other new asset classes such as tokenized stocks and linked minigames.
“Once we obtain the necessary licenses, we plan to list many new assets and asset classes followed by their communities and will turn to the area of gaming, skill/social games and all around network effects in the next half year,” says Christian Niedermüller.