About Blockchain Technology sector in Asia
The Blockchain Technology sector in Asia comprises 12.3K companies, including 3.27K funded companies having collectively raised $33.1B in venture capital money and private equity. Out of these, 609 are Series A+ funded, and 24 have achieved unicorn status.
Blockchain Technology sector in Asia has seen 159 acquisitions and 30 IPOs.
This sector includes companies building blockchain technology.
Blockchain Technology sector is also known as Web 3 Technology, Blockchain Ecosystem, Distributed Ledger Technology or Decentralized Technology.
Infrastructure to build Blockchain technology, Smart Contracts, Cryptocurrencies, Non Fungible Tokens, Blockchain Services are included in this sector.
Top Blockchain Technology Companies in Asia
There are 12,324 Blockchain Technology startups in Asia which include Binance, Coins.ph, PDAX, Animoca Brands, BITMAIN. Out of these, 3,271 startups are funded, with 609 having secured Series A+ funding, and 24 achieving unicorn status.
2026 has seen the creation of 151 Blockchain Technology startups in Asia. Over the past 10 years, an average of 996 new companies have been launched annually. Notably, several of these startups have been founded by alumni of National University of Singapore (NUS), BITS Pilani and IIT Delhi.
Here is the list of top Blockchain Technology startups in Asia
1. Binance
Online exchange platform for cryptocurrency. It allows users to buy, sell, and trade digital assets through multi-lingual solutions. It offers APIs, web-based, and app-based devices to access trading platforms for investing in cryptocurrencies. It also, features news articles, blogs, and discussion forums to assist new users. It enables users to track crypto live prices, explore new cryptocurrencies, and discover top gaining cryptos or top losing cryptocurrencies directly on the platform.
Key facts about Binance
- Founded Year: 2017
- Location: Abu Dhabi (United Arab Emirates)
- Stage: Series C
- Total Funding till date: $2.02B
- Investors: Fancheng Holdings, Sequoia Capital and 43 Others
- Latest Funding Round: Series C, Mar 12, 2025, $*****
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 1 of 5,377 Competitors
2. Coins.ph
Coins.ph is a digital wallet for Bitcoin assets. Allows users to transfer cash, bill payments, and phone recharge. It enables merchants to accept payments for multiple goods and services. It also facilitates buying and selling of Bitcoins.
Key facts about Coins.ph
- Founded Year: 2014
- Location: Pasig (Philippines)
- Stage: Acquired
- Total Funding till date: $40M
- Investors: Ribbit Capital, Innovation Endeavors and 16 Others
- Latest Funding Round: Series C, May 19, 2022, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 3 of 2,864 Competitors
3. PDAX
PDAX is an online exchange platform for cryptocurrencies. Allows users to buy, sell, and manage cryptocurrencies and utility tokens. Supports Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin.
Key facts about PDAX
- Founded Year: 2017
- Location: Makati (Philippines)
- Stage: Series B
- Total Funding till date: $62.5M
- Investors: Tiger Global Management, BitMEX and 13 Others
- Latest Funding Round: Series B, Feb 10, 2022, $*****
- Tracxn Score: 78/100 What is this?
- Competitors Rank: 7 of 5,377 Competitors
Web3 technology investment and venture-building company. It builds, invests in, and accelerates businesses and ecosystems focused on digital ownership. Its activities span blockchain, digital assets, gaming, identity, education, stablecoins, real-world assets, and related Web3 infrastructure, with investments and portfolio companies across the global digital economy.
Key facts about Animoca Brands
- Founded Year: 2006
- Location: Hong Kong (China)
- Stage: Series C
- Total Funding till date: $998M
- Investors: Liberty City Ventures, Octava and 126 Others
- Latest Funding Round: Series C, Nov 11, 2024, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 2 of 1,137 Competitors
5. BITMAIN
Developer of hardware solutions for crypto mining. It provides users with a platform that is based on the application-specific integrated chip miner technology for Bitcoin mining. It also offers cloud solutions, for blockchain and artificial intelligence applications.
Key facts about BITMAIN
- Founded Year: 2013
- Location: Beijing (China)
- Stage: Series C
- Total Funding till date: $950M
- Investors: Sequoia Capital, EDBI and 27 Others
- Latest Funding Round: Series C, Aug 13, 2018, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 451 Competitors
Companies founded year-on-year in the Blockchain Technology sector in Asia
151 new startups have been founded so far in 2026 in the Blockchain Technology sector in Asia. 2,097 Blockchain Technology startups in Asia were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 151 |
2025 | 260 |
2024 | 418 |
2023 | 862 |
2022 | 1,568 |
2021 | 2,097 |
2020 | 711 |
2019 | 959 |
2018 | 1,846 |
2017 | 1,091 |
Stage-wise distribution of Blockchain Technology sector companies in Asia
Out of the total 12,324 Blockchain Technology companies in Asia, 3,271 have secured funding. Among them, 609 have reached Series A or higher, and 317 to Series B or beyond.
Founded - 12,324
Funded - 3,271
Series A+ - 609
Series B+ - 317
Series C+ - 229
Company Stage | No. of companies |
|---|---|
Founded | 12,324 |
Funded | 3,271 |
Series A+ | 609 |
Series B+ | 317 |
Series C+ | 229 |
Let us walk you through our Sectors and other offerings
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Funding Trends in the Blockchain Technology sector in Asia
Total funding year-on-year in the Blockchain Technology sector in Asia
The Blockchain Technology sector in Asia saw a total funding of more than $32.3B in the last 10 years. The most amount of funding was in 2018 at more than $6.68B. There has been a total funding of $3.23B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $3.23B |
2025 | $4.07B |
2024 | $2.02B |
2023 | $1.58B |
2022 | $5.78B |
2021 | $4.95B |
2020 | $543M |
2019 | $2.05B |
2018 | $6.68B |
2017 | $1.39B |
Recent Funding Rounds in Blockchain Technology in Asia
In the year 2026, till September 2026, Blockchain Technology companies in Asia have raised $2.91B in equity funding across 75 rounds.
In the same period last year (i.e. till September 2025), Blockchain Technology companies in Asia had raised $2.92B across 110 rounds.
So, 2026 has seen a 0.36% drop in funding in Blockchain Technology companies in Asia as compared to 2025.
Here are some recent, important funding rounds in Blockchain Technology companies in Asia:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 3658 | Sep 22, 2026 | ||
Series A | 3123 | Sep 18, 2026 | ||
Series D | 3114 | Sep 01, 2026 | and 10 more | |
Seed | 7593 | Aug 24, 2026 | and 4 more | |
Seed | 8804 | Aug 24, 2026 |
Top Investors in Blockchain Technology in Asia
Animoca Brands is the top investor in Blockchain Technology companies in Asia based on number of companies invested.
Here are some top investors in Blockchain Technology companies in Asia:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Hong Kong (China) | ||
Shanghai (China) | ||
Hong Kong (China) | ||
Singapore (Singapore) | ||
Singapore (Singapore) |
M&A activity in Blockchain Technology sector in Asia
In the year 2026, till July 2026, 9 acquisitions happened in Blockchain Technology sector in Asia. Last year, in 2025, a total of 19 acquisitions happened in Blockchain Technology sector in Asia.
Here are some recent, important acquisitions in Blockchain Technology sector in Asia:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jul 17, 2026 | ||
Business Acquisition | Jul 15, 2026 | ||
Business Acquisition | Jun 25, 2026 | ||
Business Acquisition | Jun 10, 2026 | ||
Business Acquisition | Apr 15, 2026 |
Acquisition trends in Blockchain Technology sector in Asia
Here are the acquisition trends in Blockchain Technology sector in Asia:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 9 |
2025 | 19 |
2024 | 19 |
2023 | 13 |
2022 | 38 |
2021 | 15 |
2020 | 8 |
2019 | 13 |
2018 | 20 |
2017 | 3 |
IPOs in Blockchain Technology in Asia
In the year 2025, till December 2025, 2 IPOs happened in Blockchain Technology sector in Asia.
Here are some recent, important IPOs in Blockchain Technology sector in Asia:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 17, 2025 | Hong Kong Exchanges (HKG) | |
May 14, 2025 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Sep 10, 2024 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Mar 01, 2024 | New York Stock Exchange (NYSE) | |
Dec 05, 2023 | Abu Dhabi Securities Market (ADSM) |
Colleges which produce the most Blockchain Technology companies in Asia
Companies founded by alumni from top colleges in the Blockchain Technology in Asia
Most number of Blockchain Technology startups in Asia have been founded by alumni from National University of Singapore (NUS), BITS Pilani and IIT Delhi.
College | No. of companies |
|---|---|
National University of Singapore (NUS) | 75 |
BITS Pilani | 35 |
IIT Delhi | 32 |
Stanford University | 32 |
Tel Aviv University | 30 |
IIT Bombay | 29 |
IIT Kharagpur | 29 |
Harvard University | 26 |
Massachusetts Institute of Technology | 24 |
Tsinghua University | 22 |
Total funding in Blockchain Technology companies founded by alumni from top colleges in Asia
In the last 10 years, Tel Aviv University graduates' Blockchain Technology companies in Asia have raised the most funding among top colleges. Tsinghua University alumni are second, and University of Toronto alumni are third.
College | Total Funding |
|---|---|
Tel Aviv University | $1.17B |
Tsinghua University | $928M |
University of Toronto | $684M |
University of Oxford | $661M |
Harvard Business School | $514M |
Harvard University | $483M |
Wharton School | $403M |
Stanford University | $395M |
Technion Israel Institute Technology | $391M |
Yale University | $354M |
Top News in Blockchain Technology in Asia
•
•
•
OSL Exchange Becomes Hong Kong's Largest Digital Asset Trading PlatformGlobal Fintech Series•Sep 07, 2026•OSL
•
BTCC Exchange and Sumsub Collaborate to Streamline Identity Verification and AML ControlsGlobeNewswire•Sep 04, 2026•BTCC, Sumsub
•
Solowin Holdings' AlloyX HK and EvolveQ Sign Strategic MOU for AI and Quantum Computing in FinanceGlobeNewswire•Sep 03, 2026•AlloyX
•
WazirX AMA addresses recovery, but 34% INR freeze timeline remains unclearThe Crypto Times•Sep 02, 2026•WazirX
•
•
•
•
