About Web 3.0 sector in Asia
The Web 3.0 sector in Asia comprises 6.83K companies, including 2.33K funded companies having collectively raised $20.8B in venture capital money and private equity. Out of these, 393 are Series A+ funded, and 12 have achieved unicorn status.
Web 3.0 sector in Asia has seen 79 acquisitions and 16 IPOs.
This sector includes companies that have websites and applications whose data are stored and interconnected in a decentralized way instead of storing in centralized repositories owned and operated by a single corporate/company.
Web 3.0 sector is also known as Web 3.0 Solutions, Advanced Web 3.0 or Digital Web 3.0.
Companies that are providing infrastructure for blockchain and smart contracts developments. The feed also includes companies that are providing decentralized web 3.0 applications for enterprises, the entertainment industry, individuals, or decentralized web 3.0 applications offering financial services for individuals or businesses. The feed exclude companies that are providing Web 2.0 and Web 1.0 applications, and blockchain/crypto-based financial services which are owned and operated by a corporate or a central authority.
Top Web 3.0 Companies in Asia
There are 6,827 Web 3.0 startups in Asia which include Animoca Brands, BITMAIN, Hike, ZenGo, Terra. Out of these, 2,331 startups are funded, with 393 having secured Series A+ funding, and 12 achieving unicorn status.
2026 has seen the creation of 91 Web 3.0 startups in Asia. Over the past 10 years, an average of 580 new companies have been launched annually. Notably, several of these startups have been founded by alumni of National University of Singapore (NUS), Tel Aviv University and Stanford University.
Here is the list of top Web 3.0 startups in Asia
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
2. 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
3. Hike
Provider of blockchain based mobile gaming platform. The company is building Rush gaming universe mobile-only blockchain gaming platforms where players can use their skills to play, compete & win. Also, it offers a social platform for messaging, sharing, gaming, and crypto.
Key facts about Hike
- Founded Year: 2012
- Location: Delhi (India)
- Stage: Series D
- Total Funding till date: $261M
- Investors: Bharti SoftBank, Foxconn Electronics and 24 Others
- Latest Funding Round: Series D, May 06, 2022, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 78 Competitors
4. ZenGo
Keyless cryptocurrency mobile wallet. It replaces private wallet keys with open-source threshold cryptography and its distributed servers. The application is available on the Android and iOS platforms.
Key facts about ZenGo
- Founded Year: 2017
- Location: Tel Aviv (Israel)
- Stage: Acquired
- Total Funding till date: $52M
- Investors: Elron Ventures, Insight Partners and 15 Others
- Latest Funding Round: Series A, May 02, 2022, $*****
- Tracxn Score: 76/100 What is this?
- Competitors Rank: 1 of 313 Competitors
5. Terra
Blockchain network for payments. It is an open-source blockchain payment platform for an algorithmic stablecoin, which are cryptocurrencies that automatically track the price of currencies or other assets. The platform enables users to spend, save, trade, or exchange Terra stablecoins.
Key facts about Terra
- Founded Year: 2018
- Location: Singapore (Singapore)
- Stage: Series B
- Total Funding till date: $125M
- Investors: Huobi, Binance Labs and 42 Others
- Latest Funding Round: Series B, Jan 26, 2021, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 4 of 1,014 Competitors
Companies founded year-on-year in the Web 3.0 sector in Asia
91 new startups have been founded so far in 2026 in the Web 3.0 sector in Asia. 1,445 Web 3.0 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 | 91 |
2025 | 138 |
2024 | 248 |
2023 | 528 |
2022 | 1,103 |
2021 | 1,445 |
2020 | 390 |
2019 | 444 |
2018 | 915 |
2017 | 507 |
Stage-wise distribution of Web 3.0 sector companies in Asia
Out of the total 6,827 Web 3.0 companies in Asia, 2,331 have secured funding. Among them, 393 have reached Series A or higher, and 174 to Series B or beyond.
Founded - 6,827
Funded - 2,331
Series A+ - 393
Series B+ - 174
Series C+ - 115
Company Stage | No. of companies |
|---|---|
Founded | 6,827 |
Funded | 2,331 |
Series A+ | 393 |
Series B+ | 174 |
Series C+ | 115 |
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Funding Trends in the Web 3.0 sector in Asia
Total funding year-on-year in the Web 3.0 sector in Asia
The Web 3.0 sector in Asia saw a total funding of more than $20.1B in the last 10 years. The most amount of funding was in 2018 at more than $6.52B. There has been a total funding of $692M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $692M |
2025 | $1.48B |
2024 | $1.43B |
2023 | $1.19B |
2022 | $3.37B |
2021 | $2.61B |
2020 | $215M |
2019 | $1.73B |
2018 | $6.52B |
2017 | $919M |
Recent Funding Rounds in Web 3.0 in Asia
In the year 2026, till September 2026, Web 3.0 companies in Asia have raised $674M in equity funding across 50 rounds.
In the same period last year (i.e. till September 2025), Web 3.0 companies in Asia had raised $640M across 83 rounds.
So, 2026 has seen a 5.36% rise in funding in Web 3.0 companies in Asia as compared to 2025.
Here are some recent, important funding rounds in Web 3.0 companies in Asia:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 5286 | Sep 18, 2026 | ||
Series D | 7601 | Sep 01, 2026 | and 10 more | |
Seed | 4471 | Aug 24, 2026 | and 4 more | |
Seed | 5226 | Aug 14, 2026 | ||
Series B | 3297 | Aug 05, 2026 |
Top Investors in Web 3.0 in Asia
Animoca Brands is the top investor in Web 3.0 companies in Asia based on number of companies invested.
Here are some top investors in Web 3.0 companies in Asia:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Hong Kong (China) | ||
Shanghai (China) | ||
Hong Kong (China) | ||
Taipei (Taiwan) | ||
Singapore (Singapore) |
M&A activity in Web 3.0 sector in Asia
In the year 2026, till June 2026, 4 acquisitions happened in Web 3.0 sector in Asia. Last year, in 2025, a total of 10 acquisitions happened in Web 3.0 sector in Asia.
Here are some recent, important acquisitions in Web 3.0 sector in Asia:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jun 10, 2026 | ||
Business Acquisition | Apr 15, 2026 | ||
Business Acquisition | Mar 18, 2026 | ||
Business Acquisition | Jan 07, 2026 | ||
Business Acquisition | Oct 22, 2025 |
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Acquisition trends in Web 3.0 sector in Asia
Here are the acquisition trends in Web 3.0 sector in Asia:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 4 |
2025 | 10 |
2024 | 10 |
2023 | 7 |
2022 | 21 |
2021 | 9 |
2020 | 3 |
2019 | 7 |
2018 | 3 |
2017 | 2 |
IPOs in Web 3.0 in Asia
In the year 2024, till September 2024, 2 IPOs happened in Web 3.0 sector in Asia.
Here are some recent, important IPOs in Web 3.0 sector in Asia:
Company | IPO Date | Exchange Symbol |
|---|---|---|
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) | |
Apr 13, 2023 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Apr 29, 2022 | Shenzhen Stock Exchange (SZSE) |
Colleges which produce the most Web 3.0 companies in Asia
Companies founded by alumni from top colleges in the Web 3.0 in Asia
Most number of Web 3.0 startups in Asia have been founded by alumni from National University of Singapore (NUS), Tel Aviv University and Stanford University.
College | No. of companies |
|---|---|
National University of Singapore (NUS) | 45 |
Tel Aviv University | 24 |
Stanford University | 22 |
IIT Delhi | 20 |
BITS Pilani | 19 |
IIT Bombay | 17 |
Columbia University | 16 |
Massachusetts Institute of Technology | 16 |
Tsinghua University | 16 |
Harvard University | 15 |
Total funding in Web 3.0 companies founded by alumni from top colleges in Asia
In the last 10 years, Technion Israel Institute Technology graduates' Web 3.0 companies in Asia have raised the most funding among top colleges. Stanford University alumni are second, and Yale University alumni are third.
College | Total Funding |
|---|---|
Technion Israel Institute Technology | $391M |
Stanford University | $369M |
Yale University | $349M |
Wharton School | $335M |
Tsinghua University | $300M |
Imperial College London | $296M |
University of Pennsylvania | $271M |
Harvard University | $158M |
Massachusetts Institute of Technology | $144M |
IIT Delhi | $135M |
Top News in Web 3.0 in Asia
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Babcock & Wilcox Raised $230M at $18.50, Enabling $50M Buyback to Reverse SharesBusiness News Today•Aug 12, 2026•BW
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Penta Security Announces AWS Marketplace Storefront AvailabilityCIO Influence•Jul 24, 2026•Penta Security
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Starcoin enters non-binding memorandum of understanding with Marvel NiceStock Screener•Apr 01, 2026•Starcoin, Marvel Entertainment
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Arqitech has filed a notice of an exempt offering of securities to raise $25 Million in New Funding.intelligence360•Mar 03, 2026•ArqiTech
