Switzerland: The Land of Crypto Unicorns! Switzerland is making waves in the crypto world, with a recent report revealing that it is now
home to 13 crypto unicorns – those elusive token-related firms valued at a whopping $1 billion or more.
According to CV VC data, the
Swiss-Liechtenstein cryptocurrency ecosystem is gaining momentum, accounting for an impressive
4.8% of global blockchain investments – a significant 0.7% increase since last year.
The picturesque canton of
Zug, affectionately known as the "Crypto Valley," is leading the charge, attracting a staggering
81% of crypto start-up financing rounds. But let's not forget about the bustling cities of Geneva and Zurich, which are also carving out their own crypto niches.
It's not just the big players hogging the spotlight; smaller cantons like Ticino, Vaud, Bern, Schwyz, Lucerne, and Neuchâtel are also witnessing a surge in crypto activity, with dozens of companies setting up shop there.
Not to be outdone by its Swiss neighbor,
Liechtenstein is making its mark as a
blockchain hotspot, boasting an impressive tally of
66 active crypto companies.
