DeGaming Launches Web3 Betting System With Proof-of-Funds Focus

DeGaming has launched a Web3 sportsbook and casino system focused on on-chain treasury visibility and appointed former Videoslots executive Ulle Skottling as CEO. DeGaming’s Glass Vault technology gives operators, affiliates, and players independently verifiable access to balances, transactions, payouts, and available reserves in real time.

The company is trying to make transparency part of the core betting infrastructure, not just another crypto add-on. Its “Bankroll as a Service” system routes transactions through DeGaming’s on-chain engine, which the supplier said helps operators manage withdrawals and daily liquidity.

Ulle Skottling has joined DeGaming as CEO as the company rolls out its Web3 betting system. The supplier is focusing on payout visibility and liquidity tracking, two areas receiving more attention across crypto betting and sportsbook operations. DeGaming’s system combines sportsbook and casino access, PAM tools, reporting, crypto and fiat payments, automated payouts, and back-office functions inside one blockchain-based setup.

The launch reflects a wider shift inside crypto gambling infrastructure, where suppliers are increasingly using proof-of-reserves systems and treasury visibility as commercial selling points. The approach comes as operators face more scrutiny around payout processing, liquidity management, and bettor trust, particularly during periods of heavy withdrawal activity.

Affiliates may also pay close attention to the model. Most affiliate systems still rely entirely on operator-reported tracking and revenue data, with little external verification available. DeGaming is attempting to position on-chain reporting as a way to give traffic partners more visibility into player activity and payout flows.

TGJ Take

Transparency is becoming a bigger talking point across crypto betting, especially around payouts and reserve management. DeGaming is trying to position itself early by making on-chain fund visibility part of the core system rather than an extra feature. If operators start treating proof-of-funds tools as a trust and retention tool, other PAM and sportsbook suppliers may need to offer similar visibility around balances and payout processing. Affiliates could also benefit if more systems move toward externally verifiable reporting instead of relying only on internal tracking data.