According to Swissinfo, data compiled by venture capital firm CV VC shows that nothing too spectacular is happening in crypto-friendly Switzerland. According to its “Top 50” report, 183 Swiss blockchain businesses closed last year, but 190 startups and foreign companies opened new offices. Researchers also found that Switzerland’s Crypto Valley, centered around the canton of Zug, now has roughly the same number of entities as it did in 2021 – currently 1,135. They employ 5,766 people, which is only about 4% less than before crypto winter began. The most notable Swiss-registered companies to collapse were FTX Europe and crypto asset manager Covario. #crypto2023