The value of crypto projects in Switzerland and Liechtenstein surged by 107% YoY to $382.93 billion, fueled by Ethereum ($273B), Solana ($43.3B), and Cardano ($20.8B). Despite market recovery, global Web3 venture capital lags, with a 55% drop in deals and a 69% decline in funding in 2023. Crypto firms in the two nations raised $283.5 million across 49 deals. Switzerland and Liechtenstein house 1,290 Web3 firms, comprising 5% of global VC funding.
$383B worth of crypto projects based in Switzerland and Liechtenstein: Report
