Ho Chi Minh City, home to around 120 blockchain companies, has emerged as an important hub for the sector in Southeast Asia, according to Tracxn.
The global market intelligence and data platform recently released a report on the blockchain technology sector in Southeast Asia.
According to the report, the sector has so far attracted a total of $6.2 billion in investment across 1,323 companies. Since the beginning of 2026, blockchain companies in Southeast Asia have raised approximately $680 million.
Singapore dominates the region’s blockchain investment landscape, accounting for 82.5% of total investment in the sector.
Ho Chi Minh City, Bangkok and Kuala Lumpur have also been identified as major blockchain hubs in the region, with each city hosting more than 120 companies operating in the sector.
For Ho Chi Minh City, the presence of a large number of blockchain companies underscores its growing role in the region’s digital economy and emerging technology landscape. The city’s expanding technology ecosystem could provide a foundation for further investment, innovation and development of blockchain-based applications in areas such as finance, digital commerce and business services.
Google translate