TechFlow news, according to Swiss venture capital firm Crypto Valley, the market value of cryptocurrency projects based in Switzerland and Liechtenstein increased by 107% year-on-year to reach $382.93 billion. The largest is the Ethereum Foundation headquartered in Zug, Switzerland, with a market capitalization of $273 billion, followed by Solana ($43.3 billion) and Cardano ($20.8 billion).
Currently, about 5% of Web3 venture capital funding flows into Switzerland and Liechtenstein. A total of 1,290 Web3 companies are headquartered in the two countries, including Cosmos, Internet Computer, NEAR, and Polkadot.
"Each of these 1,290 entities here reflects Switzerland's tradition of innovation and strengthens both local and global economies," commented Mathias Ruch, CEO of CV VC.
