Cryptocurrency projects based in Switzerland and Liechtenstein worth $382.93 billion

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Cointime2024/01/17 08:58

By:Cointime

According to a report by Crypto Valley, a Swiss venture capital company, the value of cryptocurrency projects headquartered in Switzerland and Liechtenstein increased by 107% YoY to reach $382.93 billion. The largest project is the Ethereum Foundation, based in Zug, Switzerland, with a market value of $273 billion, making it the most valuable project in the two countries. Solana ($43.3 billion) and Cardano ($20.8 billion) follow.

Currently, about 5% of Web3 venture capital funds flow to Switzerland and Liechtenstein. In addition, there are 1,290 Web3 companies headquartered in the two countries, including well-known entities such as Cosmos, Internet Computer, Near, Polkadot, and Solana.

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