January 19, 2024

Powerledger becomes one of the top 50 companies in Crypto Valley: CV VC Top 50 Report 2023

Powerledger was featured in the 9th edition of the CV VC Top 50 Report 2023, published by CV VC and MME

We are delighted to announce that Powerledger has achieved yet another milestone by securing its position among the Top 50 companies in Crypto Valley, as unveiled in the 9th edition of the CV VC Top 50 Report 2023. Published by CV VC and MME, this report serves as a comprehensive snapshot of the blockchain and crypto landscape in one of the world's most mature and dynamic hubs – Crypto Valley.

Key Highlights from the CV VC Top 50 Report 2023:

  1. Impressive Valuation Surge: The Crypto Valley Top 50 witnessed a remarkable 106% valuation surge, reaching an astounding total of $382.93 billion. This surge reflects not only the resilience of the ecosystem but also the substantial growth and potential within the Crypto Valley.
  2. Funding Triumphs: Blockchain startups in Crypto Valley raised an impressive $283.5 million across 49 deals. This robust financial backing demonstrates the confidence investors have in the innovative and forward-thinking projects emerging from the region.
  3. European Dominance: Crypto Valley has solidified its position on the global stage, securing an all-time high of 20.4% of European blockchain deals. This marks a significant increase from 17.9% in 2022, showcasing the region's increasing influence and importance in the broader blockchain landscape.
  4. Insights into Regulatory Framework: The CV VC Top 50 Report also provides invaluable insights into Switzerland's regulatory and tax framework for digital assets. This information is crucial for industry players, startups, and investors looking to navigate the evolving landscape of blockchain and cryptocurrencies.

Powerledger is honored to be part of the Crypto Valley success story, and we look forward to further collaborations, advancements, and groundbreaking achievements in the exciting world of blockchain and crypto.

Download the full report at

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