Tech in Asia - No crypto for old men?

Read from your browser

Daily Newsletter

Hello there ,

Remember when teenagers ruled social media and adults always bemoaned how it was a waste of time? Last week, my grandfather excitedly showed me a meme of a bear trying to high five a man in a car, while its bear friends looked on.

It took me years to convince my grandfather to join social media, but it’s worked out for the better (I guess). But as older generations finally come to grips with a decade-old pastime, the kids have moved on to something more mysterious: the blockchain.

Tech VCs in Southeast Asia face the same generational hurdle in embracing the latest craze among millennials and Gen Z.

Despite the saviness of these investors, finding a way to put their money behind this disruptive phenomenon is a big ask. Traditional VC firms are playing it safe for now because backing crypto firms demands a different skill set and expectations. Add some regulatory uncertainty to that mix, and it’s clear to see why VC firms aren’t quite ready to dive into the deep end yet.

Meanwhile, crypto firms are keener on bringing in investors who have extensive connections within the crypto ecosystem, which might not be the strongest suit of typical VCs.

My colleague Ardi recently unpacked why blockchain players are struggling to win investor confidence. And while traditional VC firms are still wrapping their heads around the blockchain, crypto-native investors already have a game plan.

-- Deepti
 
 

THE BIG STORY

Are SEA’s tech VCs missing out on the crypto craze?
Despite crypto and blockchain technology gaining steam, Southeast Asia’s tech VC firms have been slow to jump on the bandwagon.
 
 

THE PLAYBOOK: SHOPEE


How Shopee made its bid for SEA’s ecommerce crown

The ecommerce giant’s conquest of Southeast Asia began with a mix of strategic timeliness and an effective marketing strategy. Watch now.



 

TRENDING NEWS

Binance to pour $200m in Forbes
The investment will help with the US media giant’s SPAC deal, which is expected to take place in the first quarter of 2022.
Altara Ventures closes inaugural $130m fund
The VC firm targets players in the fintech, consumer, enterprise software, logistics, healthcare, and edtech spaces.
Exclusive: Bukalapak co-founders back 🇮🇩 B2B fintech startup amid funding spree
The investment in Monit marks Init 6’s third funding this year, following a quietly prolific 2021 for the Indonesia-based VC firm.
Indonesian API provider cements $8.5m seed funding
Brick builds APIs for tech companies, making it easier for them to offer payment, credit, investment and insurance products to consumers.
Zomato’s financial health in 5 charts
Here are five charts, updated every quarter, that present a snapshot of how Zomato’s financials are doing.
Execs of YGG, Sega, others launch blockchain for gaming
Oasys promises zero “gas fees” and speedier transactions on its blockchain network.


EVENTS HAPPENING


You can also check out a curated list of trending tech events over here.
  • Fast Forward with HPE! on February 17th
    A multistage B2B startup competition specially crafted to help scale and grow early-stage technology startups across the APAC region. Catch the top 10 startups now as they pitch to a panel of esteemed judges and find out which team made it to the finals!
  • AWS SaaS Forum on March 8th
    Join the AWS SaaS Forum on March 8 to uncover opportunities and insights on SaaS trends, outlook for 2022 and how to build your business playbook. Attendance is complimentary.

What’s more important, the startup business idea or go-to-market strategy?

Connect and engage with tech talents across Asia this March 9-11 at one of the biggest virtual tech career fairs in the region. Hire on the spot, gain employer branding opportunities and gain insights from top executives on addressing industry challenges, particularly those related to talent recruitment.
Participation is complimentary. Save your seat today.




WHO'S HIRING

You can post a job here or search for jobs here.

ADVERTISE | SUBSCRIBE

P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox.

Too many emails?
Switch to a different frequency or get new content through our preference center, or unsubscribe.

You can also break our hearts and remove yourself from all Tech in Asia emails over here
 
 
Copyright © 2022 Tech in Asia, All rights reserved.
63 Robinson Road, Singapore 068894

Older messages

How long can Aerodyne stay Malaysia's top dog in drone tech

Saturday, February 12, 2022

Check out our top articles for the week Read from your browser Top Stories of The Week Hello there , Did you know a hobbyist drone is cheaper than an iPhone 13 in Mayalsia? I had no clue until an

Polygon's US$450m raise sees no shortage of takers

Friday, February 11, 2022

Tonik, Hongsong Class, Scorpio Labs, and more startups also raised funding this week. Read from your browser FOMO Saturday Hello there , By the time you're reading this, I'll be on a plane to

Nothing Zimplistic about turning losses into profits

Thursday, February 10, 2022

More: A couple of big funding rounds in India and the Philippines Read from your browser Daily Newsletter Hello there , I'm writing this as a newly married man, with a neat little ring around my

The Oppo factor in J&T Express’ early success

Thursday, February 10, 2022

The Checkout is Tech in Asia's free newsletter that breaks down the biggest stories and trends in ecommerce. Read from your browser The Checkout 🛒 Welcome to The Checkout! Delivered every Thursday

Carousell’s next potential acquisition

Wednesday, February 9, 2022

More: YG Entertainment teams up with Binance to bring K-pop into the metaverse, and a blockchain social media platform gets fresh funds. Read from your browser Daily Newsletter Hello there , Slightly

You Might Also Like

🎙 My advice for film + TV creatives on the AI wave

Tuesday, April 30, 2024

Learning AI fast + Karate Kid references ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Ranked | The Top 20 Countries in Debt to China 💸

Tuesday, April 30, 2024

The 20 nations featured in this graphic each owe billions in debt to China, often posing concerns for their economic future. View Online | Subscribe Presented by Voronoi: The App Where Data Tells the

Noonification: RaspberryPi: Technology Overload - LAMP🕯 to UASP🐝

Tuesday, April 30, 2024

Top Tech Content sent at Noon! The first AI-powered startup unlocking the “billionaire economy” for your benefit How are you, @newsletterest1? 🪐 What's happening in tech this week: The

Issue #50: ScreenFloat by Matthias Gansrigler

Tuesday, April 30, 2024

Today, we're looking at ScreenFloat by Matthias Gansrigler. ScreenFloat is a screenshot management utility that lets you create floating screenshots so you can easily reference them no matter what

You're invited - Taking the Guesswork out of Product Development

Tuesday, April 30, 2024

Taking the Guesswork out of Product Development Tuesday, May 14th @ 2:00PM GMT // 10:00 AM EST Approximately 50% of product budgets are allocated to reworking and optimizing post-launch experiences.

⚙️ Copilot workspace

Tuesday, April 30, 2024

Plus: GPT-5?! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Where Companies Meet Talent. Same Day.

Tuesday, April 30, 2024

The team at Awesomic has created an algorithm to help match businesses with the best-fit designers. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Going supersonic

Tuesday, April 30, 2024

Plus Go remains popular in pull requests, a CP/M emulator, and, sure, Go isn't Java. | #​505 — April 30, 2024 Unsub | Web Version ✍️ It's been a quiet week for big Go related news, but we still

Make Windows 11 less annoying in 7 steps

Tuesday, April 30, 2024

Beats Solo 4; OneDrive's new Offline mode; Pixel Fold 2 dreams; Must-have running tech -- ZDNET ZDNET Tech Today - US April 30, 2024 placeholder 7 ways to make Windows 11 less annoying I told you

React Native Newsletter #181

Tuesday, April 30, 2024

This week's issue features This week's issue features articles about the release of RN 0.74 and React 19 Beta Issue 181 • Open in browser React Native Newsletter This issue: Release of RN 0.74