Southeast Asia’s crypto funding rebounds to $680M as investors bet big on fewer companies

Southeast Asia’s blockchain sector has pulled in $680 million in equity funding so far in 2026, more than doubling the $319 million raised across all of 2025. The catch: investors are writing bigger checks to far fewer companies, with only 25 funding rounds completed this year compared to 46 last year. Fewer deals, fatter checks According to data from Tracxn, the 2026 rebound is significant but still well short of the $2.2 billion peak the region hit in 2022. The math this year works out to roughly $27.2 million per deal on average. Compare that to 2022, when 206 rounds divided the funding pie into much smaller slices. Three deals account for the bulk of this year’s capital. CRYPTO raised $400 million in a Series D round, Edena Capital closed $100 million at the same stage, and Startale pulled in $50 million in a Series A. Together, those three rounds represent more than $550 million, or roughly 81% of the total raised. The crypto financial services segment has been the primary magnet, attracting $498 million across 19 rounds. That represents a 48.4% year-over-year increase, making it the clearest growth pocket in the region’s blockchain landscape. Singapore’s gravitational pull If...