Switzerland's Crypto Valley raised $728 million through 31 transactions in 2025, a 37% increase year-over-year.

Crypto World Network News, according to the CV VC annual report: Switzerland’s Crypto Valley raised $728 million through 31 deals in 2025, up 37% year over year, accounting for 47% of Europe’s total blockchain venture capital. The report says that global blockchain venture capital grew 30% to $15.5 billion across 986 deals. One deal played a key role—The Open Network led with $400 million in financing—followed by Sygnum Bank ($58 million), M0 ($40 million), Impossible Cloud Network ($34 million), and CratD2C ($30 million). Blockchain networks attracted 62% of the funding, infrastructure accounted for 14%, and centralized financial services and DeFi applications each accounted for 10%. Crypto Valley currently has 1,766 active blockchain companies, up 134% since 2020. Despite the increase in funding, the valuation of the top 50 companies in Crypto Valley fell to $467 billion, the number of unicorns dropped from 17 to 10, mainly due to weaker market conditions at the end of the year that caused the valuations of six token projects to fall below the $1 billion threshold, and 21Shares leaving the ecosystem after being acquired by FalconX.