The sixth edition of the Crypto Valley Top 50 Report (CV VC) has just been released. Despite the Corona crisis, the report shows a striking growth both in the number of companies specialized in blockchain in Switzerland as well as in their valuation.
In fact, the number of companies active in blockcain in Switzerland and Liechstenstein increased from 919 to 960 in one year, employing 5,184 people. The market valuation of the 50 largest companies has increased from $37.5 billion to $254.9 billion (a 680% growth). Cryptotechnology is used by companies all over Switzerland, with a strong hotspot in Zug, but also a strong activity in Zurich, Liechstentstein, Geneva, Vaud Neuchâtel, etc.
P&TS is very happy to be the first patent law firm to be cited in the report as a recognition for our strong expertise with blockchain patenting and use of blockchain technology in IP strategies.