Switzerland has become Europe’s primary hub for digital assets, capturing 47% of the continent's blockchain venture funding in 2025, according to a report from Swiss venture capital firm CV VC.
Data shared with DL News shows the country's 'Crypto Valley' is dominating the regional landscape. This dominance comes even as Europe's total share of global blockchain venture funding sits at just 10%, compared to 53% held by North America.
"Leadership in technology is never permanent. It must be continuously renewed," CV VC CEO Mathias Ruch said in a note. "Nearly half of all European blockchain investment is now flowing into Crypto Valley."
The city of Zug remains the core of this ecosystem. The area hosts 41% of the region's blockchain firms, while Zurich accounts for another 15%, the outlet reported.
In 2025, Zug alone captured 88% of all disclosed capital in Swiss blockchain deals. The country's total blockchain investment reached $728 million across 31 deals, marking a 37% increase from the previous year.
Scaling the ecosystem
Switzerland's blockchain sector is expanding rapidly. The number of blockchain companies operating in the country has grown 134% since 2020, reaching a total of 1,766 firms.
The top 50 Swiss-based blockchain companies currently hold a combined valuation of $467 billion. This group includes major networks such as Ethereum, Solana, and Cardano, alongside specialized firms like Sygnum and Copper.
While global blockchain funding grew by 30% last year, Switzerland's growth outpaced that figure despite a drop in the total number of deals. Ruch noted that the ecosystem is maturing with a focus on infrastructure, finance, and the convergence of frontier technologies.
Looking toward 2026, industry experts expect a shift toward economic utility over technical benchmarks. CV VC’s head of acceleration investments, Janis Aguilar, and general partner Lukas Etter wrote that success will no longer be defined by transactions per second, but by the economic activity built on top of the technology.
New developments like account abstraction and the integration of artificial intelligence are expected to drive this next phase. The overlap between AI and blockchain could lead to the rise of autonomous software agents capable of managing complex systems at lower costs.
