Switzerland’s Crypto Valley raised $728 million in venture funding across 31 deals in 2025, representing 5% of global blockchain funding and 47% of European blockchain, despite an apparent drop in overall value and a slowing of new startups, according to an annual report released by blockchain venture capital firm CV VC.

The eleventh edition of the “Crypto Valley Top 50” provides analysis of the blockchain ecosystem in Switzerland’s “Crypto Valley,” the blockchain and…