Crypto Valley Defies Odds with 14% Boom—While Traditional Finance Plays Catch-Up
Crypto Valley isn’t just surviving—it’s thriving. While Wall Street hedge funds still debate ’blockchain potential,’ Switzerland’s digital asset hub just posted double-digit growth. Take notes, legacy finance.
The secret sauce? Real-world adoption. From decentralized finance protocols to institutional-grade custody solutions, Crypto Valley’s ecosystem keeps attracting builders—not just speculators. Meanwhile, traditional banks are still charging 2% fees for wire transfers that take three days.
Here’s the kicker: this growth comes amid brutal competition from Singapore, Dubai, and regulatory chaos in the U.S. Proving once again that when governments over-regulate, innovation just packs its bags and moves.
Zug and Zurich in the lead, Ticino gaining ground
The geographic distribution of blockchain companies shows that the growth of the Crypto Valley is no longer limited to Zug but is increasingly spreading across other cantons. The top 10 regions are:
These ten regions account for over 90% of the blockchain companies in the Crypto Valley, highlighting the geographic diversity of the ecosystem.
Number of blockchain companies by canton / Source: CV VC Crypto Valley Company & Industry ReportCrypto Valley must prove itself once again
Switzerland and Liechtenstein offer optimal conditions for blockchain and crypto companies with their legal framework, political stability, and high quality of life. According to the report, this attractiveness is reflected in the steady increase of startups and the growing number of international projects. However, international competition is intensifying.
Countries in Asia and the Middle East are catching up rapidly, offering increasingly attractive conditions for blockchain companies. The sharp policy shift by the TRUMP administration ignited a fire. At the same time, prolonged processes, regulatory uncertainty, and new international requirements are perceived as obstacles in Switzerland, as CVJ.CH reported. The results for the current year remain of great interest. Can Switzerland maintain its lead?
"This report proves that the Swiss blockchain industry is not only nationally relevant but also of global strategic importance. As we enter a critical phase of international competition in 2025, the 12-point manifesto of the Swiss Blockchain Federation offers concrete steps to further enhance Switzerland’s competitiveness, particularly in the fintech sector. We are pleased 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." – Heinz Tännler, Finance Director of the Canton of Zug and President of the Swiss Blockchain Federation