Ether Price Drop Slashed Valuation of Crypto Valley’s Top 50 Firms by 40%

Ether Price Drop Slashed Valuation of Crypto Valley’s Top 50 Firms by 40%

A new report from CV VC notes the effect of Ether prices on the valuation of top cryptocurrency and blockchain firms in Crypto Valley. The combined valuation of the top 50 blockchain-related firms in the Swiss canton of Zug — known as “Crypto Valley” within the industry — fell by nearly half in 2019.Swiss investment firm CV VC debuted a new report at the World Economic Forum in Davos, Switzerland on Jan. 22, giving…

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