Swiss Crypto Valley increases by 132 %, now in a home of approximately 1750 Blockchain companies

A new report shows that the five -year compound growth rate in Crypto Valley reached 18.8 %, with Zug remaining the 1749 Blockchain company in Switzerland.

Crypto Valley, Blockchain Center coverage Switzerland And LieChchenstein has grown by 132 % since 2020 and now includes 1749 active companies, according to the latest CV VC Crypto Valley Compa & Industry shared with Crypto.News.

The report shows that the number of Blockchain companies in Zug grew by 14 % during the past year, up to more than 40 % of all Web3 companies. Zorkh is the next 15 %, while areas like Tesino and Geneva Lozen are also witnessing steady growth.

Mathias Ruch, CEO of CV VC, says the latest numbers “highlights how Crypto Valley maintains its main role in the global Blockchain sector,” adding that “during the past five years, Crypto Valley has succeeded in global challenges, and has evolved and diversified as it grows to 18.8 %.”

Infrastructure and financial services are the largest sectors in Crypto Valley, representing 20 % and 18 % of companies, respectively, followed by consulting and consulting by 17 %. Commenting on the results of the report, Heinz Tanler, President of the Swiss Blockchain Federation, said that the data “proves that the Swiss Blockchain industry is not only related to the national level, but also of global strategic importance.”

Legal structures also turn. While most companies are still companies or LLCS, associations and institutions constitute more than 20 % of new deposits in 2024.