Switzerland-based Inacta Group has selected Roland Berger as its partner for the development of innovative projects in the Web3 and Blockchain space. While most of the work is currently being delivered in Europe, the international partnership is led out of Roland Berger’s Middle East practice.
A tiny place on the European map, the Swiss city of Zug (only 30,000 inhabitants) is a surprisingly big name on the global crypto stage. Home to many cryptocurrency companies, including unicorns Ethereum, Dfinity and Cardano, Zug has been dubbed a ‘Crypto Valley’ for its role at the front of the crypto and Web3 world.
Also headquartered in Zurg is Inacta, an IT firm that specialises in technology services, with a particular focus on digital assets and blockchain-based technologies. The firm has over the years helped the likes of AXA, InCore Bank, Swiss Post, Raiffeisen Bank and Visa explore and tap into the world of digital assets.
In the Middle East, Inacta is best known for its role in concepting and backing Dubai-based Crypto Oasis, the region’s fastest growing blockchain ecosystem. Crypto Oasis brings together stakeholders form across the landscape – startups, investors, corporates and service providers – with the aim of building winning formula’s and mutual partnerships.
When Inacta recently approached Crypto Oasis for support on its growing portfolio of Web3 projects, Crypto Oasis Co-Founder Saqr Ereiqat was quick to endorse Roland Berger, its exclusive global strategic partner and a firm that operates at the forefront of the crypto strategy consulting landscape.
This week, the companies inked a three-way deal. “We’re delighted to have orchestrated this partnership between our trusted partners,” said Ereiqat.
Led out of the Middle East by partner Pierre Samaties, Roland Berger’s Digital Assets, Web3 & Metaverse practice helps its clients build and implement crypto economy strategies. Adding weight to the international-oriented partnership with Inacta, Roland Berger also has teams of crypto experts across Europe, including Switzerland and Germany.
“Roland Berger is a thought leader among the top strategy consulting firms in the digital assets and Web3 space,” said Zug-based Ralf Glabischnig, Managing Partner and Founder of Inacta. “With this strategic partnership, we can combine Roland Berger’s strong consulting skills with our Web3 implementation power to better support our joint clients.”
The deal has been quick to materialise, with “a number of projects already in the works,” said Samaties. One of the projects is for German utility giant E.On, and another is for an unnamed pharma- and consumer goods giant based in Switzerland. “And we intend to closely cooperate on many more projects in the future.”
In related crypto news, late 2022 once a time crypto giant and now bankrupt FTX appointed Alvarez & Marsal as its restructuring advisor, tasked with piecing the puzzle on its financial future.