Is the Crypto Valley ready for the next growth step?

The tenth edition of the CV VC Top 50 Report, the every six months of Crypto Valley, was presented in the Web3 Hub Davos during the World Economic Forum. The report measures the maturity and the global influence of the Crypto Valley on the blockchain industry.

The report leads the 50 most important blockchain companies after token market capitalization and reviews of private companies. He describes the areas in which they work and illuminates the innovative strength of the Crypto Valley in 2024 from a venture capital perspective. The following milestones have been celebrated in the past twelve months:

• 55% increase in the overall rating: The top 50 are now $ 593 billion.
• Evaluation of the 25 blockchain platforms: 584.33 billion dollars. 16 platforms with headquarters in Zug make up 97% of the overall rating.
• Evaluation of the 25 blockchain companies: 9.11 billion dollars. 14 companies based in Zug make up 56% of the overall rating.
• Unicorns: There are now 17 unicorns, 14 according to the token market capitalization and 3 according to private evaluation in the Crypto Valley. The youngest unicorn is sygnuma global bank for digital assets.

The Crypto Valley remains market guide for financing activities

The Crypto Valley secured $ 586 million in 56 deals in 2024, an increase of 8%, which exceeded the growth rate of global blockchain financing of 3%. The financing included Celestia ($ 100 million), Sygnum ($ 98 million), sound ($ 48 million), M^0 Labs ($ 35 million) and Nillion ($ 25 million). The proportion of the region in global blockchain financing rose by 5.2%, which confirms its importance as a global center.

The average blockchain deal size in the crypto Valley also rose by 70% in the year and reached $ 5.6 million. This exceeds the median value of $ 4 million for blockchain businesses worldwide, the report said. In 2024, the Crypto Valley was a record-breaking 29.1% of European blockchain financing, a significant increase compared to 18.7% in 2023.

Zug continues the tone

With 42% of the total financing, which amounted to $ 245,89 million for 28 deals, Zug retained its dominance. Zurich followed with 34.7% of the financing that amounted to $ 203.22 million for 15 deals. Liechtenstein contributed 17.1% through the important transaction of Celestia. Emergving cantons such as Geneva and Vaud also play a growing role and each each completed four deals, while the Ticino secured three deals.

International competition must not be ignored

At the presentation of the top 50 report in Davos, Heinz Tännler, financial director of the Canton of Zug and President of the Swiss Blockchain Federation, emphasized the transformative role of the blockchain industry. The blockchain sector is undeniably one of the fastest growing industries worldwide. The CV VC Top 50 Report 2024 underlines the central role of the Crypto Valley. With a solid foundation and a proven growth, the Crypto Valley marks Switzerland's ability to initiate the next historical innovation phase. In order to realize this ambitious vision, however, it requires joint efforts by regulatory authorities and investors.

With a view to the United States, the competition for blockchain companies will be harder over the coming year. Trump promised to support the Bitcoin mining industry in the United States, to remove regulatory hurdles and to ban digital central bank currencies (CBDCs). In addition, the US Ministry of Finance should create a strategic Bitcoin reserve. In order not to get behind, Switzerland must continue to counter innovations with openness instead of over -regulation. Tännler called three key priorities that require more detailed discussion: regulatory progress in cross -border custody, the regulated activities on public blockchains and The StableCoin supervisory notification.

“In order to achieve the next growth phase, we need a supportive regulatory framework and a stronger investment culture. These elements are essential to release the full potential of Swiss innovative strength.” – Heinz Tännler, finance director of the Canton of Zug and President of the Swiss Blockchain Federation