Southeast Asia’s blockchain sector has raised $680 million in equity funding so far in 2026, more than double the $319 million raised during all of 2025, as investors increasingly concentrate capital in established crypto companies and financial services, according to Tracxn data.
The rebound, however, is being driven by fewer deals. Just 25 funding rounds have been completed in 2026, down from 46 in 2025 and far below the 206 rounds recorded in 2022.
A $400 million Series D round for Crypto.com accounts for almost 60% of the 2026 total.
Other major deals include:
Edena Capital’s $100 million Series D and
Startale’s $50 million Series A.
Together, the three rounds represent about 81% of regional funding.
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Crypto financial services have attracted $498 million across 19 rounds, up 48.4% year-on-year.
Tokenization platforms followed with $114 million, while
decentralized application development platforms raised $77 million.
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Funding remains below the region’s
$2.2 billion peak in 2022. It fell to
$386 million in 2023 before recovering to
$804 million in 2025
according to Tracxn.
The sector’s funding pipeline also shows increasing concentration. Of 3,957 blockchain companies tracked by Tracxn,
1,323 have received equity funding, but only
167 have reached Series A or later.
Just 50 have reached Series B,
14 Series C, and
4 Series D or beyond.
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Singapore remains the dominant funding hub accounting for 82.5% of the region’s $6.2 billion in cumulative blockchain funding and hosting 2,285 companies tracked by Tracxn. Jakarta follows with about 3% of regional funding.
The region has recorded
43 acquisitions and
4 IPOs, while producing
6 blockchain unicorns, including Sygnum, Bitkub, Sky Mavis, and Amber Group.
The figures point to a recovery in Southeast Asia’s crypto investment market but not a return to the broad-based funding boom of 2022. Instead, capital is increasingly flowing toward financial infrastructure, tokenization, and companies that have already reached scale.
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