[Swiss Crypto Valley Raises $728 Million Through 31 Transactions in 2025, Up 37% Year-on-Year] Odaily Planet Daily reports that the CV VC annual report shows Swiss Crypto Valley raised $728 million through 31 transactions in 2025, a year-on-year increase of 37%, accounting for 47% of Europe's blockchain venture capital total. The report states that global blockchain venture capital grew 30% to $15.5 billion, with 986 transactions. One transaction played a key role: The Open Network led with $400 million in financing, followed by Sygnum Bank ($58 million), M0 ($40 million), Impossible Cloud Network ($34 million), and CratD2C ($30 million). Blockchain networks attracted 62% of the funding, infrastructure accounted for 14%, while centralized financial services and DeFi applications each accounted for 10%. Crypto Valley currently hosts 1,766 active blockchain companies, a growth of 134% since 2020. Despite the increase in funding, the valuation of Crypto Valley's top 50 companies dropped to $467 billion, and the number of unicorns decreased from 17 to 10. This was mainly due to market weakness at the end of the year, which caused the valuation of six token projects to fall below the $1 billion threshold, as well as the departure of 21Shares from the ecosystem following its acquisition by FalconX.