ZUG, Switzerland, Jan. 31, 2019 — ODEM is pleased to announce its debut ranking among the 50 largest blockchain companies by market value in Switzerland and Liechtenstein’s Crypto Valley blockchain cluster.
ODEM was named in a Crypto Valley survey conducted by investment company CV VC AG, in collaboration with PwC Strategy, and IT provider inacta AG. As of the fourth quarter of 2018, ODEM had a crypto-market capitalization of US $41.6 million. Today, ODEM is worth about $50 million, according to CoinMarketCap. ODEM was among 15 ventures that entered the CV Top 50 in the latest survey.
“ODEM’s inclusion in the Top 50 is a testament to the value we’re creating at ODEM and the hard work of our team,” said ODEM Chief Executive Officer Richard Maaghul. “It’s also an endorsement of the fertile regulatory environment in Switzerland and Liechtenstein that encourages companies like ODEM to prosper.”
ODEM is among about 750 blockchain-related companies identified by CV VC in Switzerland and neighboring Liechtenstein. The average market value of the CV Top 50 was $400 million in the fourth quarter. Members of the entire group of blockchain ventures had an average valuation of $27 million, the survey showed.
ODEM is developing the ODEM Platform on the Ethereum blockchain to streamline the organization and delivery of academic courses and certifications. The Platform empowers students to customize their education through interaction with educators and employers. ODEM plans to roll out the Platform in the first quarter of 2019..
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6300 Zug, Switzerland