Web3 Innovation Gains Momentum in Central Italy as Gate.MT Leads the Charge

While global blockchain hubs like Dubai dominate headlines, a quieter yet significant movement is emerging in an unexpected region—Central Italy. Traditionally not recognized as a major tech hub, the area is quickly becoming a center for Web3 innovation and enthusiasm. Gate.MT CEO Giovanni Cunti experienced this growing momentum firsthand at the Pescara Blockchain Beach event, where local entrepreneurs and major Web3 players gathered to explore the latest trends in decentralized technology.

Hosted by Officina DeFi from October 4-5 in Pescara, Italy, the event attracted a diverse range of speakers and panellists from leading blockchain projects, including BASE, Cardano, IOTA, Algorand, and more.

Italy’s Blockchain Future

Gate.MT, the Malta-regulated arm of Gate Group focused on expanding crypto services across Europe, is playing a pivotal role in driving this local growth.

Reflecting on the event’s success, Mr. Cunti expressed his surprise at the enthusiasm for Web3 in Central Italy. “I was impressed by the strong growth and adoption of Web3 in the region,” said Mr. Cunti. “There is a widespread interest in new trends and technologies, and I met several local innovators eager to expand beyond their current boundaries. The level of engagement was remarkable, with follow-up discussions continuing throughout the event.”

Gate.MT is committed to expanding blockchain awareness and fostering innovation across Italy’s regions. “We will continue to grow in the region, playing an active role in spreading Web3 knowledge, attracting new users, and contributing to Italy’s transformation into one of Europe’s blockchain hubs,” Mr. Cunti added.

Web3 Adoption Beyond Italy

The company has been actively involved in building awareness around blockchain, ensuring that users and entrepreneurs across Italy can access cutting-edge crypto services. Looking beyond Italy, Gate.MT is also preparing to serve users throughout the entire European Economic Area, aligning with the upcoming Markets in Crypto-Assets (MiCA) regulations set to take effect in early 2025. Additionally, the exchange is headquartered in Malta, which Gate Group recently announced as the hub of its European operations.

Gate.MT (or the “Company”) wholly owns Gate Technology Italia Srl, a company incorporated and existing under the laws of Italy, having its registered office situated at Via del Lauro 9, 20121, Milano, P. IVA IT13347630967, registered with OAM to act as an operator of virtual currencies, with registration number PSV150.