Tritemius Capital launches Web3 fund "Tritemius Fund FCRE I" with an initial capital raise of 21 million euros

Spanish Web3 ecosystem and digital asset investment firm Tritemius Capital has announced the launch of its Web3 fund, "Tritemius Fund FCRE I," with an initial fundraising amount of 21 million euros. The fund is managed by financial advisory and wealth management company Abante and is currently focused primarily on early-stage startups in areas such as DeFi, blockchain infrastructure, cybersecurity, privacy, and tokenization. The typical investment per project is expected to be 500,000 euros. The company claims it is the only venture capital fund in Spain dedicated exclusively to Web3.