Switzerland appears mainly through foundations rather than operating companies. The canton of Zug concentrates a striking number of protocol foundations because of its legal framework for non-profit associations, which suits an entity that stewards a protocol without owning it. Those entries deserve careful reading: a foundation registered in Zug does not make the network it supports Swiss.
What to compare: A foundation registered here coordinates and funds, but rarely controls the network. The protocol itself is usually distributed and has no headquarters.
17 entries
Zug · Axelar Foundation
Cross-chain network for programmable interoperability across appchains, EVM chains, and rollups.
Zug · Interchain Foundation
An appchain ecosystem built around the Cosmos SDK, IBC interoperability, and sovereign chains.
Zug · Ethereum Foundation
The largest smart contract ecosystem, anchoring DeFi, NFTs, DAOs, rollups, and tokenization.
Zug · Ethereum Foundation
Non-profit steward supporting Ethereum research, protocol development, grants, and ecosystem resilience. The Foundation is explicit that it does not control Ethereum: it describes its role as helping the community preserve its values while deliberately trying to subtract its own power.
Zug · Glassnode
On-chain and market data platform for digital asset research.
Zug · Interchain Foundation
Foundation funding and coordinating public goods for Cosmos, IBC, and appchain infrastructure.
Zug · M0 Foundation
Foundation supporting M0, infrastructure for builders issuing application-specific stablecoins.
Zug · NEAR Foundation
A scalable L1 emphasizing usability, account abstraction, chain abstraction, and AI-adjacent apps.
Zug · Web3 Foundation
A multichain network for interoperable chains, shared security, and on-chain governance.
Zug · Safe ecosystem
Smart account and multisig infrastructure widely used by DAOs, teams, funds, and protocols.
Zug · Sei Foundation
Foundation supporting Sei, a high-performance blockchain ecosystem focused on trading and consumer apps.
Zug · Solana Foundation
A fast monolithic chain with strong activity in DeFi, payments, consumer apps, and DePIN.
Zug · Solana Foundation
A non-profit foundation based in Zug, Switzerland, dedicated to the decentralization, adoption and security of the Solana ecosystem. It runs a grants program aimed at censorship resistance and a delegation program that stakes to validators meeting performance requirements, which is its main lever for decentralizing the validator set.
Lugano · Tether operations
Issuer of USDT, the largest stablecoin by usage across exchanges, DeFi and global payments. Tether describes itself as a platform for using traditional currencies on blockchains, and issues several tokens beyond the dollar one, including a peso token and a gold-backed token.
Zug · TON Foundation
A consumer-focused L1 with distribution through Telegram mini apps and payments.
Zug · TON Foundation
Foundation supporting the TON ecosystem, Telegram-linked apps, payments, grants, and developer growth.
Zug · Web3 Foundation
Foundation supporting decentralized web research, Polkadot grants, education, and protocol development.
