SWITZERLAND'S CRYPTO VALLEY HITS $593B WITH 17 UNICORNS IN 2024

Summary from the TLDR Crypto newsletter

Switzerland's Crypto Valley achieved a cumulative valuation of $593 billion in 2024, a 55% year-over-year increase, and 50 projects in total. The ecosystem captured nearly a third of European blockchain funding with $586 million invested across 56 deals. Centralized financial services dominated the investment landscape with 34% in funding, followed by blockchain networks and DeFi platforms at 29% and 15% respectively.