Crypto Valley counts more and more companies
The latest CV VC Crypto Valley Company & Industry Report shows: The number of blockchain companies has risen by 14 percent since 2023, from 1534 to 1749.

Crypto Valley, which covers the whole of Switzerland and Liechtenstein, continues to expand its position as one of the world's leading blockchain ecosystems. The recently published CV VC Crypto Valley Company & Industry Report reports growth of 132 percent since 2020 and is the only qualified and quantified analysis of the dynamic landscape of Crypto Valley. It provides in-depth insights into the development of blockchain technologies in the cantons and in Liechtenstein. Mathias Ruch, founder and CEO of CV VC, praises the results of the report: "The latest figures impressively underline how Crypto Valley is maintaining its leading role in the global blockchain sector. There is no comparable report in the world that maps the development of a blockchain ecosystem in such a comprehensive and detailed way. The report provides a deeper understanding of the developments shaping Crypto Valley and the future of this technology."
Ten regions characterize the Crypto Valley
The geographical distribution of blockchain companies shows that the growth of Crypto Valley is not just limited to Zug, but is increasingly spreading to other cantons. The top 10 regions are:
- Train (719 companies): Zug remains the center of Crypto Valley and is home to 41 percent of all companies. The canton is known for its regulatory clarity and innovative strength.
- Zurich (264): Zurich benefits from its strong financial and tech industry as well as its universities and is increasingly establishing itself as a hub for consulting and financial services.
- Ticino (103): The canton primarily attracts companies from the GameFi, NFT and metaverse sectors and is developing into a creative hotspot, thanks in particular to the Plan B initiative in Lugano.
- Geneva (85): Geneva is a leader in security, audit and compliance - numerous specialized legal and consulting firms are based here.
- Neuchâtel (85): Neuchâtel has established itself as a location for infrastructure projects, with a strong focus on technical innovations.
- Lucerne (72): Lucerne has a strong presence in DeFi and is a growing center for financial technologies.
- Liechtenstein (68): Thanks to its progressive regulatory framework, Liechtenstein continues to attract companies from across the blockchain value chain.
- Vaud (51): The canton of Vaud focuses on infrastructure projects and software development.
- Bern (41): Bern is becoming an important location for consulting and educational initiatives in the blockchain sector.
- Schwyz (39): Schwyz has a strong presence in the financial services sector and is increasingly attracting international projects.
These ten regions account for over 90 percent of the blockchain companies in Crypto Valley and underline the geographical diversity of the ecosystem.
Sector diversity as a growth driver
The diversification of the blockchain industry in Crypto Valley is particularly noteworthy. The leading sectors are:
- Infrastructure (20%)
- Financial services (18%)
- Consulting & Advisory (17%)
- Security, Audit & Compliance (8%)
- GameFi, NFTs & Metaverse (6%)
- Software development (6%)
This diversity shows that Crypto Valley is not only a center for financial technologies, but also sets new standards in areas such as gaming, education and infrastructure.
Crypto Valley as a global benchmark
With their legal framework, political stability and high quality of life, Switzerland and Liechtenstein offer optimal conditions for blockchain and crypto companies. This attractiveness is reflected in the constant increase in new start-ups and the growing number of international projects. Heinz Tännler, President of the Swiss Blockchain Federation, emphasizes: "This report proves that the Swiss blockchain industry is not only nationally relevant, but also of global strategic importance. While we are in a decisive phase of international competition in 2025, the 12-point manifesto of the Swiss Blockchain Federation offers concrete steps to further sharpen Switzerland's competitiveness, especially in the fintech sector. We are delighted to present this important report together with CV VC. It is a clear signal that Switzerland is ready to actively shape the future of blockchain technology."
Mathias Ruch adds: "Our goal is to further strengthen these excellent framework conditions. Together with the authorities, science and industry, we are working to sustainably position Crypto Valley as a global center for blockchain innovation. Over the past five years, Crypto Valley has overcome global challenges, evolved and diversified. In the face of increasing international competition, we must continue to adapt to ensure that Crypto Valley continues to set the standard for resilience and long-term vision."
Source: https://www.cvvc.com/