Picus. xyz will handle startup support for existing Picus Capital portfolio companies in the crypto/Web3 space, including games web3 tools developer Nefta and derivatives exchange D2X.

German Picus Capital is announcing a new investment unit with remit to back crypto and Web3 businesses, and it believes it can surprise those foreseeing a "crypto-downfall" with sound scaling up practice in the digital assets space.

The curtain is being lifted on Picus's Web3 and crypto-led division (dubbed Picus.xyz) with a few clients already under its belt, in the form of earlier Picus Capital investments Nefta, which teams up with games studios to integrate Web3 features, and D2X, a pan-European digital derivatives exchange.

Starting from Day One, Picus Capital is zooming in on specific logistical challenges in the sector, for example hiring the right talent, tailoring product design, or planning fundraising/marketing in the decentralised ecosystem.