Southeast Asian blockchain companies raised US$680 million during the year, more than the whole of last year

On September 5, according to CoinDesk citing the Tracxn report, so far in 2026, Southeast Asian blockchain companies have completed 25 rounds of financing, with a financing amount of US$680 million, which has exceeded the US$319 million for the whole year of 2025, but still lower than the peak of US$2.2 billion set in 2022. Funds are further concentrated in mature companies. The largest recent financing scale reached US$400 million, accounting for more than half of the total financing during the year. In the past year, the crypto financial services sector raised US$498 million through 19 rounds of financing, a year-on-year increase of 48.4%. Of the 3957 related companies tracked by Tracxn, only 167 have entered Series A and subsequent stages; Singapore companies have received 82.5% of the cumulative financing amount in the region.