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The cryptocurrency project headquartered in Switzerland and Liechtenstein has a value of 382.93 billion US dollars

The cryptocurrency project headquartered in Switzerland and Liechtenstein has a value of 382.93 billion US dollars

2024/01/17 08:50

According to a report from Crypto Valley, a Swiss risk investment company, the value of cryptocurrency projects headquartered in Switzerland and Liechtenstein has increased by 107% year-on-year, reaching $382.93 billion. The largest project is the Ethereum Foundation, based in Zug, Switzerland. Ethereum is currently the highest-valued project in both countries with a market capitalization of $273 billion. Solana ($43.3 billion) and Cardano ($20.8 billion) follow closely behind. Currently, approximately 5% of Web3 venture capital funds flow into Switzerland and Liechtenstein. In addition, there are 1,290 Web3 companies headquartered in both countries, including well-known entities such as Cosmos, Internet Computer, Near Protocol, Polkadot and Solana.

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