Tritemius Capital has launched Spain's first regulated Web3 VC fund, with an initial close of €21 million.

Backed by asset manager Abante, the fund will focus on early-stage blockchain startups in DeFi, cybersecurity, tokenization, and more.

Authorised under the European Venture Capital Fund (EuVECA) regime, it’s a major step toward institutional support for Web3 in Europe.

First investments are already underway across Spain, Latin America, and the U.S.-Israel corridor.