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Poland’s Zondacrypto Expands To Switzerland’s “Crypto Valley.” Best New Crypto To Buy!

Europe's Zondacrypto is looking to expand to the Swiss"Crypto Valley" due to its vibrant blockchain and cryptocurrency ecosystem.

By Akriti Seth

Last Updated: Jan 14, 2025

Fact checked

By Sam Cooling

Poland-based Zondacrypto, with over 1.35 million users, announced its strategic expansion into Switzerland on 14 January 2025. 

The company is looking to establish itself in the “crypto valley” of Switzerland i.e. Zug. 

In tandem with its Swiss expansion, Zondacrypto has entered into a partnership with Incore Bank. This Swiss B2B bank specializes in services for corporate clients and the management of both traditional and digital assets. 

Commenting on the development, Przemysław Kral, CEO of Zondacrypto said, “Switzerland is a key market for our global expansion strategy.” 

Zondacrypto Looking To Tap Into Switzerland’s Advanced Regulatory Framework 

Zug is widely recognized as the “Crypto Valley” due to its vibrant blockchain and cryptocurrency ecosystem. It has attracted numerous blockchain startups and established companies due to its business-friendly policies.

By setting up operations in Zug, the company aims to tap into the region’s advanced regulatory framework and robust financial infrastructure. These factors have made Zug a magnet for blockchain companies worldwide.

Moreover, this collaboration is poised to create synergies between the traditional banking sector and the rapidly growing cryptocurrency ecosystem.

Commenting on the collaboration, Mark Dambacher, CEO of Incore Bank said, “Partnerships like this bridge the gap between the traditional fiat world and the regulated digital asset ecosystem.”

“By working together, Zondacrypto and Incore Bank aim to foster trust and accessibility in cryptocurrency services while adhering to Switzerland’s stringent regulatory standards,” added Dambacher. 

Furthermore, Zondacrypto has expressed its intent to collaborate with additional Swiss partners to further integrate traditional financial services with blockchain technology.

Kral has aptly noted, “Switzerland is not just another market; it is a cornerstone of our global ambitions.” 

Explore: The 5 Most Crypto-Friendly Countries In 2024!

Apart from Zug, Lugano has come to be known as a crypto-friendly town too. The credit for this goes to Michele Foletti, the Mayor of Lugano, who has come to be known as the Crypto Mayor of Switzerland. The Crypto Mayor of Switzerland, alongside Tether CEO Paolo Ardoino, unveiled a Satoshi Nakamoto statue in Lugano on 25 October 2024.

“Lugano is rapidly becoming a leading hub for digital innovation, and this statue honors Satoshi Nakamoto but also embodies the forward-thinking spirit that drives our city,” Foletti remarked.

Explore: Crypto Mayor Unveils Satoshi Nakamoto Statue In Switzerland. And Why Did Tether CEO Shift Base To Lugano?

Best New Crypto To Buy!

Is Solaxy the next best crypto to buy? The SOLX presale has seen over $10 million raised as interest rises for this Solana layer-2 platform.

Indeed, Bitcoin, Solana, Ethereum, and all the top altcoins are struggling. What’s visible in the charts was expected. The overextension in Q4 2024 had to peak somewhere, and prices had to be corrected.

Falling prices don’t mean investors are deterred and exiting. If anything, the smart ones are on the hunt, searching for the next big opportunity, and there are numerous ones to consider.

There are meme coins to pick from, crypto AI tokens with 100X potential to consider, and, most importantly, projects with grand plans to address scaling challenges in Ethereum and Solana.

As investors search for the next big thing, one name stands out from the rest: Solaxy (SOLX).

Solaxy is the first layer-2 platform for Solana, a modern chain and the home of meme coins. And interest is high.

Over $11 million has been raised in the ongoing presale, a significant milestone.

Explore: Best Crypto to Buy The Dip As Bitcoin Recovers to $97,000

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Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Akriti Seth
Akriti Seth
Editor

Akriti Seth is a Zurich-based Business Journalist and Crypto Editor. Her passion for journalism has taken her across the globe – from thriving as an on-television correspondent to writing engaging articles, she has worked for companies like Informa UK, Bloomberg... Read More

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