Crypto Valley has surpassed a valuation of $593 billion, highlighting the rapid growth of the European blockchain sector in 2024. The Switzerland-based ecosystem comprises 50 blockchain projects, witnessing a more than 55% increase in valuation throughout the year. Among these projects, 17 have achieved unicorn status, with 14 reaching this milestone based on token market capitalization and 3 through private valuation. Mathias Ruch, founder and CEO of CV VC, emphasized the importance of maintaining a collaborative environment to attract talent and funding in blockchain innovation. In the same year, Crypto Valley secured $586 million in investments across 56 deals, representing 29.1% of all European blockchain funding. The region's median deal size surged by 70% compared to previous years, outpacing the global funding growth rate of 3%. Centralized financial services received the largest share of funding at 34%, followed by blockchain networks at 29%. Notably, the data management segment experienced significant growth in investment, highlighting shifting investor interest within the blockchain space.

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