11 crypto Unicorns in Switzerland: the VC Top 50 report
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The 6th edition of the CV VC Top 50 Report was published today.
This is a report compiled by CV VC in collaboration with PwC on the blockchain sector in the Crypto Valley of Switzerland and Liechtenstein.
The CV VC Top 50 highlights the impact of the Crypto Valley on the Swiss economy and job market and shows the growth of the crypto and blockchain space by highlighting the top 50 companies in terms of funding, valuation and employees.
Eidoo is part of this select elite, and is in fact recognized as one of the top 50 blockchain finance companies in Crypto Valley.
The 55-page report looks at the second half of 2020 in particular, and lists 960 companies in the so-called ‘Crypto Valley’, where more than 5,000 people now work.
Of these, the top 50 were selected, which have a total valuation of more than $254 billion and have been able to raise more than $3.7 billion in funding.
In the previous report this total valuation was only $37.5 billion, so the increase was as much as 680%.
Unicorns in the VC Top 50
There are now 11 unicorns in Crypto Valley, up from the previous 6, and they are:
- Ethereum ($157 billion),
- Cardano ($40 billion),
- Polkadot (29 billion),
- Aave (3.9 billion),
- Cosmos (3.8 billion),
- Solana (3.3 billion),
- Tezos (2.6 billion),
- Dfinity (2 billion),
- Near (1.1 billion),
- Nexo (1.1 billion),
- Diem (1 billion).
In addition to Eidoo, Solana, 21Shares, SwissBorg, Curve Financial, Oxygen and Enzyme also make the top 50 list.
CV VC is an early-stage venture capital investment firm with a focus on startups that rely on blockchain technology. The company is based in Zug, in the heart of the Swiss Crypto Valley, and invests in all areas of the crypto and blockchain world, from incubation to growth capital.
It also runs its own incubator under the CV Labs brand consisting of coworking spaces, advisory and events.
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