Switzerland’s blockchain hub, Crypto Valley (CV) Labs, opened a new hub in Vaduz. Many guests attended the event from banks and government representatives to blockchain enthusiasts. CV Labs is currently researching opportunities to open its doors in markets such as the EMEA, Asia and North-America. “We strive to become a truly global Blockchain hub for startups and other stakeholders. We look forward to exploring new opportunities that lay outside the borders of the Crypto Valley”, states Pavel Jakovlev, Managing Director at CV Labs and Head of Ecosystem Growth at CV VC.
The opening of CV Labs in Vaduz was an obvious move seeing what the hub aims to do. According to a source from CV Labs: “CV Labs is a Crypto Valley co-working hub in Zug, Switzerland hosting more than 130 Blockchain companies as well as a Blockchain startup incubation program. All CV Labs spaces combined provide a home and community centre for the 800+ Blockchain related companies with more than 4,000 employees in the Crypto Valley, that spans from Switzerland to Liechtenstein. The opening of CV Labs Vaduz is a logical next step to serve more of these companies (50+ located in Vaduz) and entrepreneurs and to bring the community together in the Liechtenstein area, which has put itself on the map with advanced Blockchain and fintech regulations. The co-working space in Vaduz is located in the building that has initially been built for the First Advisory Group, which took an important role in shaping Liechtenstein’s finance ecosystem.”
CV Labs will continue to be the bridge between investors, startups and projects, governments and associations, science and research, service providers and corporates in order to allow the blockchain ecosystem to strive. Ralf Glabischnig, CV VC’s Founding Partner and Board Member adds: “We believe that the Swiss Blockchain ecosystem, Crypto Valley has matured over the years. It is time for us to venture out to other ecosystems around the globe, together with our partners. Liechtenstein is an important location for us with an existing financial, legal and fiduciary system, dedicated Blockchain law, strong alignment between the ecosystem and regulators and direct access to the European market”.