Top 50 Update: New Startups Entering the Playing Field
Every quarter investment company CV VC, in collaboration with PwC Strategy & and IT partner inacta, publishes its new quarterly list of the largest and most important companies in Switzerland and Liechtenstein’s Crypto Valley Blockchain cluster.
The previous report, showed a noticeable drop in the market valuation of the 50 largest Blockchain companies in Switzerland and Liechtenstein’s Crypto Valley. Plunging from USD 44 billion to USD 20 billion. Over the last 3 months a slight recovery was noticeable, adding approx. USD 3 billion in overall valuation and an additional 50 newly registered companies.
The survey finds that, at the end of March 2019, the cluster contained 800 companies using the distributed ledger technology that defines Blockchain. The data comes from CV Maps, an online directory of blockchain companies in Switzerland and Liechtenstein, which is maintained by CV VC.
The next CV TOP 50 report by CV VC, PwC Strategy & and inacta, will be released end of June 2019.
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Suggestions and feedback can be submitted here.
Q2/2019 — CV Top 50 Challenger Announcement
According to CV VC, inacta and PwC Strategy&, the following 10 startups have a good chance of making it into the next top 50 report.
Challengers: Crypto Custody Solutions
Crypto Storage AG, Custodigit, Metaco, Swiss Crypto Vault, Taurus Group.
Challengers: Platform and Protocol
Challengers: Real-world Blockchain Applications
Challengers: Payment and Stablecoins
Summary and Key Facts:
- The Crypto Valley Blockchain cluster (Switzerland and Liechtenstein) contains 800 companies using the distributed ledger technology that defines Blockchain
- The market capitalization of the top 50 accumulates to USD 23 billion (31st March 2019)
- Around 420 people work in Switzerland and Liechtenstein in the 50 largest blockchain companies. Overall, the industry employs more than 3,300 people
Download the Q1/2019 Crypto Valley Top 50 Report (published 25.01.2019)
