Venture capital firm Lakeside Partners, blockchain firm Blockhaus, and business law and tax firm MME, have teamed up to launch Crypto Valley Labs, with its first location in Zug, Switzerland, also known as Crypto Valley.
hub in Zug, called Genesis Hub, aims to serve as the home for
blockchain and crypto startups in the region, as well as to companies
from other sectors that are interested in connecting with these
blockchain companies. The space can support more than 30 teams.
local businesses such as Grunder Law, Fineac Treuhand and Brand
Leadership Circle have already joined the hub, in addition to its
founding members, which include Singular DTV, Bancor, Etherisc and
operating from the lab gain access to a range of services including
marketing, legal and development support, in addition to the shared
desks and office space, as well as the attached living facilities.
like to think of it as co-working meets crypto,” explains Mathias Ruch,
a managing partner of Lakeside Partners. “Talented teams may be
everywhere in the world, but ideas only really come to life when people
get together and feed off each other. It really does take an ecosystem
to make something great.”
Crypto Valley Labs plans to launch
additional hubs across the world in locations such as London, Amsterdam,
and Hong Kong, enabling members to benefit from its global network.
Valley is an ecosystem centered in and around the Swiss canton of Zug, a
location that’s known for its higher concentration of blockchain and
crypto startups. Zug’s business-friendly regulatory framework, deep
talent pool and sophisticated infrastructure have attracted dozens of
leading companies and organizations in the space including Ethereum,
Monetas, Bitcoin Suisse, Xapo, ShapeShift and ConsenSys.
Valley was initiated by Johann Gevers, the CEO and founder of Monetas.
Gevers moved its startup Monetas to Zug in July 2013, and defined the
vision for Crypto Valley as a global hub for crypto technologies modeled
on the success of Silicon Valley.
Crypto Valley quick developed
relationships with the local authorities as well as international
blockchain centers in London, Singapore, Silicon Valley and New York.
Earlier this year, the Crypto Valley Association
was established as an independent, government-supported association to
build Crypto Valley as the world’s leading blockchain crypto
technologies ecosystem. Founding members include UBS, Thomson Reuters,
PwC, and the Lucerne University of Applied Sciences and Arts.
and cryptographic related technologies and businesses are the wave of
the future,” said Oliver Bussmann, the president of the association and
the former CIO of UBS.
the Crypto Valley Association, we are promoting more than a region: we
have founded a global association as a base for the sector’s most
innovative and forward thinking companies, further strengthening
Switzerland’s position as a leading center of innovation in this