Singapore is flush with crypto startups, but trails in funding

Singapore

THE cryptocurrency space may have been abuzz with activity in recent times, but the startup frenzy hasn't directly translated into fund or asset flow.

Lining up data from Singapore and Switzerland - both of which have positioned themselves as hubs for crypto and blockchain activities - makes this point clear. While far more companies have been formed in the sector in Singapore than in Switzerland, the value of deals in Switzerland has consistently been above those here.