Swiss Crypto Valley Explodes: 132% Growth Cements 1,750 Blockchain Firms in Alpine Hub
Zug’s ’Crypto Valley’ just flexed harder than a Swiss banker’s portfolio—rocketing 132% in ecosystem growth and now hosting nearly 1,750 blockchain firms. Who needs gold bars when you’ve got decentralized ledgers?
The Alpine paradise—already a tax haven—has become a regulatory sandbox for crypto giants and startups alike. Even the gnomes are trading memecoins now.
With this surge, Switzerland’s proving it can do more than hide wealth—it’s building the infrastructure to reinvent it. Just don’t ask about the energy bills.
Crypto firms in Switzerland by category | Source: CV VC
Mathias Ruch, chief executive of CV VC, says the latest figures “highlight how Crypto Valley maintains its leading role in the global blockchain sector,” adding that “over the past five years, Crypto Valley has weathered global challenges, evolved, and diversified while growing at a CAGR of 18.8%.”
Infrastructure and financial services are the largest sectors in Crypto Valley, accounting for 20% and 18% of firms respectively, followed by consulting and advisory at 17%. Commenting on the report’s findings, Heinz Tännler, president of the Swiss Blockchain Federation, said the data “proves that the Swiss blockchain industry is not only nationally relevant but also of global strategic importance.”
Legal structures are also shifting. While most firms are still corporations or LLCs, associations and foundations made up over 20% of new filings in 2024.
