Despite the long-lasting bear market, called the “crypto winter”, the number of blockchain companies in Switzerland and Liechtenstein continues to grow, according to a report from CV VC, the Swiss investment company.
According to CV VC, the number of companies operating with Distributed Ledger Technology (DLT) which were based in Switzerland or Liechtenstein, reached 750 by the end of December 2018. It means that, compared to the previous data, this number increased by 20%; 121 new companies have been registered during this period.
It is also worth noting that there are four “unicorns” registered in the region (startups worth more than $1 bln). These are Bitmain, Cardano, Dfinity Foundation and Ethereum.